2018 PGK to MUR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 PGK to MUR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the PGK to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 15, valuing the pair at 10.7824. Conversely, the yearly low was recorded on February 4, dropping to 9.9118.
This high-to-low spread represents a total annual volatility of 0.8706 MUR. From a start-to-finish perspective, comparing the January average rate of 10.2272 to the December average rate of 10.2040, the exchange rate registered a net change of -0.23% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 10.7824 was down 5.93% compared to the 2017 peak of 11.4620, 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 MUR 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 10.3555, compared to 10.3451 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0103 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was February, with a trading range of 0.5904 MUR (High: 10.5022 / Low: 9.9118). On the other end, September was the most stable month, with a tight range of 0.1448 MUR (High: 10.4116 / Low: 10.2668).
Growth Streaks & Declines
TrendsBetween February and May, 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 November and December, when the average rate fell by 0.1200 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2018: 10.5611) against the same month in 2017 (average: 10.8977), the exchange rate shifted by -0.3366 (-3.09%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 10.4510 | 10.0332 | 10.2272 |
| February | 10.5022 | 9.9118 | 10.1401 |
| March | 10.3425 | 10.0702 | 10.2573 |
| April | 10.4721 | 10.2786 | 10.3769 |
| May | 10.6803 | 10.4524 | 10.5702 |
| June | 10.7824 | 10.3695 | 10.5611 |
| July | 10.6251 | 10.3447 | 10.4684 |
| August | 10.5288 | 10.3341 | 10.4263 |
| September | 10.4116 | 10.2668 | 10.3382 |
| October | 10.4253 | 10.2274 | 10.3100 |
| November | 10.4454 | 10.2425 | 10.3239 |
| December | 10.2829 | 10.1268 | 10.2040 |