YEARLY HIGH
2.6078 NOK
YEARLY LOW
2.3709 NOK
YEARLY AVERAGE
2.4760 NOK

2018 PGK to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the PGK to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 22, valuing the pair at 2.6078. Conversely, the yearly low was recorded on February 1, dropping to 2.3709.

This high-to-low spread represents a total annual volatility of 0.2369 NOK. From a start-to-finish perspective, comparing the January average rate of 2.4537 to the December average rate of 2.5647, the exchange rate registered a net change of 4.52% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 2.6078 was down 4.78% compared to the 2017 peak of 2.7387, 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 13,039 NOK
2017 Average 12,961 NOK
Yearly Trough Low 11,854 NOK
Transaction Impact: A difference of 1,184.62 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

2.5802
2.3943
JanuMarcMayJulySeptNove

PGK to NOK 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 2.4463, compared to 2.5058 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0595 points.

H1 Avg (Jan–Jun) 2.4463
H2 Avg (Jul–Dec) 2.5058

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.1599 NOK (High: 2.5536 / Low: 2.3937). On the other end, June was the most stable month, with a tight range of 0.0493 NOK (High: 2.5055 / Low: 2.4562).

January Spread (Volatile) ±0.1599
June Spread (Stable) ±0.0493

Growth Streaks & Declines

Trends

Between March and June, 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 August and September, when the average rate fell by 0.0364 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0364

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 2.5647) against the same month in 2017 (average: 2.5835), the exchange rate shifted by -0.0188 (-0.73%).

2018 Avg (December) 2.5647
2017 Avg (December) 2.5835

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.5536 2.3937 2.4537
February 2.4729 2.3709 2.4358
March 2.4388 2.3761 2.4098
April 2.4592 2.3882 2.4171
May 2.5416 2.4335 2.4801
June 2.5055 2.4562 2.4812
July 2.4970 2.4367 2.4735
August 2.5611 2.4777 2.5213
September 2.5506 2.4378 2.4849
October 2.5152 2.4277 2.4657
November 2.5662 2.4831 2.5246
December 2.6078 2.5236 2.5647