2018 PGK to MDL Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 PGK to MDL Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the PGK to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 5.3297. Conversely, the yearly low was recorded on August 9, dropping to 4.9841.
This high-to-low spread represents a total annual volatility of 0.3456 MDL. From a start-to-finish perspective, comparing the January average rate of 5.2591 to the December average rate of 5.1014, the exchange rate registered a net change of -3.00% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 5.3297 was down 16.79% compared to the 2017 peak of 6.4052, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 PGK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
PGK to MDL Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 5.1524, compared to 5.0737 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0787 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was May, with a trading range of 0.1709 MDL (High: 5.1878 / Low: 5.0169). On the other end, June was the most stable month, with a tight range of 0.0662 MDL (High: 5.1768 / Low: 5.1107).
Growth Streaks & Declines
TrendsBetween August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0755 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2018: 5.2591) against the same month in 2017 (average: 6.3157), the exchange rate shifted by -1.0566 (-16.73%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 5.3297 | 5.1760 | 5.2591 |
| February | 5.2590 | 5.1016 | 5.1836 |
| March | 5.2257 | 5.0771 | 5.1399 |
| April | 5.1127 | 5.0321 | 5.0675 |
| May | 5.1878 | 5.0169 | 5.1085 |
| June | 5.1768 | 5.1107 | 5.1557 |
| July | 5.1551 | 5.0316 | 5.0828 |
| August | 5.0704 | 4.9841 | 5.0261 |
| September | 5.0973 | 5.0098 | 5.0578 |
| October | 5.1487 | 5.0325 | 5.0777 |
| November | 5.1410 | 5.0431 | 5.0965 |
| December | 5.1545 | 5.0066 | 5.1014 |