YEARLY HIGH
0.4641 NZD
YEARLY LOW
0.4173 NZD
YEARLY AVERAGE
0.4400 NZD

2018 PGK to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the PGK to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 6, valuing the pair at 0.4641. Conversely, the yearly low was recorded on April 16, dropping to 0.4173.

This high-to-low spread represents a total annual volatility of 0.0469 NZD. From a start-to-finish perspective, comparing the January average rate of 0.4278 to the December average rate of 0.4366, the exchange rate registered a net change of 2.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.4641 was up 0.59% compared to the 2017 peak of 0.4614, 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 2,321 NZD
2017 Average 2,206 NZD
Yearly Trough Low 2,086 NZD
Transaction Impact: A difference of 234.44 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.4608
0.4224
JanuMarcMayJulySeptNove

PGK to NZD 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 0.4313, compared to 0.4486 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0172 points.

H1 Avg (Jan–Jun) 0.4313
H2 Avg (Jul–Dec) 0.4486

Volatility Range Comparison

Volatility

The most volatile month in 2018 was June, with a trading range of 0.0192 NZD (High: 0.4509 / Low: 0.4317). On the other end, July was the most stable month, with a tight range of 0.0096 NZD (High: 0.4533 / Low: 0.4437).

June Spread (Volatile) ±0.0192
July Spread (Stable) ±0.0096

Growth Streaks & Declines

Trends

Between June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0179 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0179

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2018: 0.4576) against the same month in 2017 (average: 0.4438), the exchange rate shifted by +0.0138 (+3.10%).

2018 Avg (October) 0.4576
2017 Avg (October) 0.4438

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4396 0.4212 0.4278
February 0.4343 0.4188 0.4256
March 0.4328 0.4231 0.4277
April 0.4362 0.4173 0.4257
May 0.4453 0.4342 0.4406
June 0.4509 0.4317 0.4406
July 0.4533 0.4437 0.4479
August 0.4602 0.4475 0.4535
September 0.4624 0.4501 0.4562
October 0.4641 0.4520 0.4576
November 0.4514 0.4324 0.4397
December 0.4437 0.4273 0.4366