2018 PGK to RSD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 PGK to RSD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the PGK to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 15, valuing the pair at 31.3863. Conversely, the yearly low was recorded on April 16, dropping to 29.3105.
This high-to-low spread represents a total annual volatility of 2.0758 RSD. From a start-to-finish perspective, comparing the January average rate of 30.1690 to the December average rate of 30.8796, the exchange rate registered a net change of 2.36% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 31.3863 was down 15.94% compared to the 2017 peak of 37.3383, 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 RSD 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 30.1464, compared to 30.8059 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6596 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was May, with a trading range of 1.3812 RSD (High: 31.3723 / Low: 29.9911). On the other end, July was the most stable month, with a tight range of 0.4232 RSD (High: 30.9256 / Low: 30.5024).
Growth Streaks & Declines
TrendsBetween April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.3791 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2018: 30.9265) against the same month in 2017 (average: 31.7851), the exchange rate shifted by -0.8586 (-2.70%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 30.7741 | 29.7067 | 30.1690 |
| February | 30.2788 | 29.4134 | 29.7900 |
| March | 29.9906 | 29.4433 | 29.7325 |
| April | 30.0343 | 29.3105 | 29.6657 |
| May | 31.3723 | 29.9911 | 30.6156 |
| June | 31.3193 | 30.5489 | 30.9056 |
| July | 30.9256 | 30.5024 | 30.7042 |
| August | 31.3863 | 30.4695 | 30.9265 |
| September | 30.9523 | 30.1765 | 30.5541 |
| October | 31.1774 | 30.4278 | 30.7765 |
| November | 31.1955 | 30.6572 | 30.9948 |
| December | 31.2885 | 30.4511 | 30.8796 |