YEARLY HIGH
4.8388 MVR
YEARLY LOW
4.5548 MVR
YEARLY AVERAGE
4.6994 MVR

2018 PGK to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the PGK to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 16, valuing the pair at 4.8388. Conversely, the yearly low was recorded on December 29, dropping to 4.5548.

This high-to-low spread represents a total annual volatility of 0.2840 MVR. From a start-to-finish perspective, comparing the January average rate of 4.7797 to the December average rate of 4.5906, the exchange rate registered a net change of -3.96% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 4.8388 was down 2.16% compared to the 2017 peak of 4.9458, 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 24,194 MVR
2017 Average 24,194 MVR
Yearly Trough Low 22,774 MVR
Transaction Impact: A difference of 1,419.92 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

4.8194
4.5698
JanuMarcMayJulySeptNove

PGK to MVR 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 4.7655, compared to 4.6332 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1322 points.

H1 Avg (Jan–Jun) 4.7655
H2 Avg (Jul–Dec) 4.6332

Volatility Range Comparison

Volatility

The most volatile month in 2018 was March, with a trading range of 0.0956 MVR (High: 4.8388 / Low: 4.7432). On the other end, August was the most stable month, with a tight range of 0.0363 MVR (High: 4.6853 / Low: 4.6490).

March Spread (Volatile) ±0.0956
August Spread (Stable) ±0.0363

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 March and April, when the average rate fell by 0.0395 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0395

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 4.7986) against the same month in 2017 (average: 4.8892), the exchange rate shifted by -0.0906 (-1.85%).

2018 Avg (February) 4.7986
2017 Avg (February) 4.8892

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4.8088 4.7442 4.7797
February 4.8388 4.7611 4.7986
March 4.8388 4.7432 4.7925
April 4.7835 4.7229 4.7529
May 4.7745 4.7120 4.7486
June 4.7661 4.6729 4.7206
July 4.7367 4.6719 4.6927
August 4.6853 4.6490 4.6648
September 4.6861 4.6271 4.6413
October 4.6322 4.5853 4.6068
November 4.6403 4.5836 4.6033
December 4.6148 4.5548 4.5906