YEARLY HIGH
112.9890 NGN
YEARLY LOW
107.0293 NGN
YEARLY AVERAGE
109.9500 NGN

2018 PGK to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the PGK to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 16, valuing the pair at 112.9890. Conversely, the yearly low was recorded on November 22, dropping to 107.0293.

This high-to-low spread represents a total annual volatility of 5.9597 NGN. From a start-to-finish perspective, comparing the January average rate of 111.7529 to the December average rate of 108.1256, the exchange rate registered a net change of -3.25% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 112.9890 was down 2.00% compared to the 2017 peak of 115.2921, 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 564,945 NGN
2017 Average 523,037 NGN
Yearly Trough Low 535,147 NGN
Transaction Impact: A difference of 29,798.71 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

112.4575
107.7317
JanuMarcMayJulySeptNove

PGK to NGN 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 111.1332, compared to 108.7668 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.3664 points.

H1 Avg (Jan–Jun) 111.1332
H2 Avg (Jul–Dec) 108.7668

Volatility Range Comparison

Volatility

The most volatile month in 2018 was June, with a trading range of 2.3221 NGN (High: 111.0047 / Low: 108.6825). On the other end, October was the most stable month, with a tight range of 0.8508 NGN (High: 108.9493 / Low: 108.0985).

June Spread (Volatile) ±2.3221
October Spread (Stable) ±0.8508

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 0.8612 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.8612

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 112.0637) against the same month in 2017 (average: 99.7077), the exchange rate shifted by +12.3560 (+12.39%).

2018 Avg (February) 112.0637
2017 Avg (February) 99.7077

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 112.4902 111.1091 111.7529
February 112.9890 111.1285 112.0637
March 112.8326 110.6332 111.7190
April 111.5933 110.3699 110.8578
May 110.8117 109.5184 110.3108
June 111.0047 108.6825 110.0950
July 110.1636 109.2210 109.6927
August 109.8172 108.7012 109.1007
September 109.7770 108.1216 108.9632
October 108.9493 108.0985 108.4583
November 109.0521 107.0293 108.2602
December 108.4948 107.3113 108.1256