2018 PGK to MNT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 PGK to MNT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the PGK to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 756.1607. Conversely, the yearly low was recorded on June 12, dropping to 663.0964.
This high-to-low spread represents a total annual volatility of 93.0643 MNT. From a start-to-finish perspective, comparing the January average rate of 751.7189 to the December average rate of 732.0107, the exchange rate registered a net change of -2.62% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 756.1607 was down 4.54% compared to the 2017 peak of 792.1472, 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 MNT 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 740.6009, compared to 738.6841 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.9168 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was June, with a trading range of 80.8580 MNT (High: 743.9544 / Low: 663.0964). On the other end, July was the most stable month, with a tight range of 5.7359 MNT (High: 746.1451 / Low: 740.4092).
Growth Streaks & Declines
TrendsBetween September and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 10.3487 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2018: 751.7189) against the same month in 2017 (average: 782.0292), the exchange rate shifted by -30.3103 (-3.88%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 756.1607 | 746.8507 | 751.7189 |
| February | 753.4497 | 737.4737 | 746.2221 |
| March | 748.7739 | 735.0520 | 742.1297 |
| April | 740.4620 | 732.2225 | 736.3733 |
| May | 737.6225 | 728.8622 | 735.2814 |
| June | 743.9544 | 663.0964 | 731.8800 |
| July | 746.1451 | 740.4092 | 742.4949 |
| August | 741.8180 | 735.6159 | 737.9930 |
| September | 740.2479 | 733.5861 | 734.9320 |
| October | 745.2105 | 731.3786 | 742.3147 |
| November | 748.1841 | 738.6093 | 742.3593 |
| December | 749.8387 | 723.3933 | 732.0107 |