YEARLY HIGH
111.4241 MRO
YEARLY LOW
61.9310 MRO
YEARLY AVERAGE
108.1475 MRO

2018 PGK to MRO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the PGK to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on February 22, valuing the pair at 111.4241. Conversely, the yearly low was recorded on October 8, dropping to 61.9310.

This high-to-low spread represents a total annual volatility of 49.4931 MRO. From a start-to-finish perspective, comparing the January average rate of 110.1224 to the December average rate of 106.0423, the exchange rate registered a net change of -3.71% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 111.4241 was down 3.43% compared to the 2017 peak of 115.3836, 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 557,121 MRO
2017 Average 564,205 MRO
Yearly Trough Low 309,655 MRO
Transaction Impact: A difference of 247,465.27 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

111.1586
103.0197
JanuMarcMayJulySeptNove

PGK to MRO 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 109.6895, compared to 106.6054 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.0841 points.

H1 Avg (Jan–Jun) 109.6895
H2 Avg (Jul–Dec) 106.6054

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 45.1009 MRO (High: 107.0320 / Low: 61.9310). On the other end, August was the most stable month, with a tight range of 0.8569 MRO (High: 108.2398 / Low: 107.3829).

October Spread (Volatile) ±45.1009
August Spread (Stable) ±0.8569

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2018. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 3.7858 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -3.7858

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 110.4803) against the same month in 2017 (average: 113.5478), the exchange rate shifted by -3.0675 (-2.70%).

2018 Avg (February) 110.4803
2017 Avg (February) 113.5478

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 110.7477 108.8094 110.1224
February 111.4241 109.4696 110.4803
March 111.4241 109.2908 110.3266
April 110.3534 108.4017 109.5215
May 109.4711 108.1122 108.9582
June 109.3892 107.3259 108.7282
July 108.8187 107.9155 108.3049
August 108.2398 107.3829 107.7671
September 108.2107 107.1152 107.4838
October 107.0320 61.9310 103.6979
November 107.1539 105.9112 106.3364
December 106.5990 105.2476 106.0423