2018 PGK to NPR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 PGK to NPR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the PGK to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 9, valuing the pair at 35.4675. Conversely, the yearly low was recorded on January 10, dropping to 31.3090.
This high-to-low spread represents a total annual volatility of 4.1585 NPR. From a start-to-finish perspective, comparing the January average rate of 31.5898 to the December average rate of 33.5764, the exchange rate registered a net change of 6.29% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 35.4675 was up 2.59% compared to the 2017 peak of 34.5732, 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 NPR 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 32.4084, compared to 34.1199 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.7115 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was November, with a trading range of 1.9471 NPR (High: 35.2219 / Low: 33.2748). On the other end, July was the most stable month, with a tight range of 0.2880 NPR (High: 33.5656 / Low: 33.2776).
Growth Streaks & Declines
TrendsBetween January and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.9130 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2018: 35.1549) against the same month in 2017 (average: 32.5530), the exchange rate shifted by +2.6019 (+7.99%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 31.9164 | 31.3090 | 31.5898 |
| February | 32.6423 | 31.6616 | 32.0200 |
| March | 32.6439 | 31.9650 | 32.2736 |
| April | 32.8740 | 31.9474 | 32.3667 |
| May | 33.4614 | 32.6297 | 33.0669 |
| June | 33.4892 | 32.3701 | 33.1337 |
| July | 33.5656 | 33.2776 | 33.4204 |
| August | 34.2468 | 33.1484 | 33.6305 |
| September | 34.9838 | 34.2049 | 34.6957 |
| October | 35.4675 | 34.9124 | 35.1549 |
| November | 35.2219 | 33.2748 | 34.2418 |
| December | 34.3626 | 32.9980 | 33.5764 |