YEARLY HIGH
1089.8990 MGA
YEARLY LOW
954.5222 MGA
YEARLY AVERAGE
1016.4316 MGA

2018 PGK to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the PGK to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 28, valuing the pair at 1089.8990. Conversely, the yearly low was recorded on March 8, dropping to 954.5222.

This high-to-low spread represents a total annual volatility of 135.3768 MGA. From a start-to-finish perspective, comparing the January average rate of 1006.1912 to the December average rate of 1054.8761, the exchange rate registered a net change of 4.84% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 1089.8990 was up 2.17% compared to the 2017 peak of 1066.7054, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 PGK based on timing:

Yearly Peak High 5,449,495 MGA
2017 Average 4,895,482 MGA
Yearly Trough Low 4,772,611 MGA
Transaction Impact: A difference of 676,883.77 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1081.0475
967.8204
JanuMarcMayJulySeptNove

PGK to MGA Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 997.4948, compared to 1035.3684 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 37.8737 points.

H1 Avg (Jan–Jun) 997.4948
H2 Avg (Jul–Dec) 1035.3684

Volatility Range Comparison

Volatility

The most volatile month in 2018 was December, with a trading range of 61.6675 MGA (High: 1087.6109 / Low: 1025.9434). On the other end, August was the most stable month, with a tight range of 13.8835 MGA (High: 1006.5673 / Low: 992.6838).

December Spread (Volatile) ±61.6675
August Spread (Stable) ±13.8835

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 21.0467 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -21.0467

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 1071.6119) against the same month in 2017 (average: 991.0601), the exchange rate shifted by +80.5518 (+8.13%).

2018 Avg (November) 1071.6119
2017 Avg (November) 991.0601

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1015.5157 996.6026 1006.1912
February 1001.2480 964.9365 985.1446
March 997.1963 954.5222 977.2560
April 1000.2686 984.9598 990.8177
May 1019.9218 980.7648 998.0494
June 1043.4611 998.6434 1027.5097
July 1033.7027 996.5212 1017.0158
August 1006.5673 992.6838 999.6015
September 1035.2591 1006.5673 1023.8285
October 1056.1579 1029.2503 1045.2769
November 1089.8990 1052.7765 1071.6119
December 1087.6109 1025.9434 1054.8761