YEARLY HIGH
2.4421 SBD
YEARLY LOW
2.3469 SBD
YEARLY AVERAGE
2.3974 SBD

2018 PGK to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the PGK to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 23, valuing the pair at 2.4421. Conversely, the yearly low was recorded on November 20, dropping to 2.3469.

This high-to-low spread represents a total annual volatility of 0.0952 SBD. From a start-to-finish perspective, comparing the January average rate of 2.4108 to the December average rate of 2.4011, the exchange rate registered a net change of -0.40% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 2.4421 was down 3.34% compared to the 2017 peak of 2.5264, 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 12,210 SBD
2017 Average 12,245 SBD
Yearly Trough Low 11,735 SBD
Transaction Impact: A difference of 475.76 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

2.4223
2.3697
JanuMarcMayJulySeptNove

PGK to SBD 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 2.4076, compared to 2.3872 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0204 points.

H1 Avg (Jan–Jun) 2.4076
H2 Avg (Jul–Dec) 2.3872

Volatility Range Comparison

Volatility

The most volatile month in 2018 was December, with a trading range of 0.0790 SBD (High: 2.4376 / Low: 2.3586). On the other end, September was the most stable month, with a tight range of 0.0215 SBD (High: 2.3913 / Low: 2.3698).

December Spread (Volatile) ±0.0790
September Spread (Stable) ±0.0215

Growth Streaks & Declines

Trends

Between September and December, 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 July and August, when the average rate fell by 0.0224 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0224

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 2.4108) against the same month in 2017 (average: 2.4735), the exchange rate shifted by -0.0627 (-2.54%).

2018 Avg (January) 2.4108
2017 Avg (January) 2.4735

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.4421 2.3947 2.4108
February 2.4404 2.3893 2.4109
March 2.4304 2.3868 2.4098
April 2.4130 2.3851 2.3980
May 2.4262 2.3751 2.3982
June 2.4356 2.3785 2.4179
July 2.4339 2.3910 2.4065
August 2.3986 2.3763 2.3841
September 2.3913 2.3698 2.3741
October 2.3954 2.3626 2.3749
November 2.4028 2.3469 2.3823
December 2.4376 2.3586 2.4011