YEARLY HIGH
0.2379 SHP
YEARLY LOW
0.2143 SHP
YEARLY AVERAGE
0.2281 SHP

2018 PGK to SHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the PGK to SHP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 11, valuing the pair at 0.2379. Conversely, the yearly low was recorded on April 16, dropping to 0.2143.

This high-to-low spread represents a total annual volatility of 0.0236 SHP. From a start-to-finish perspective, comparing the January average rate of 0.2246 to the December average rate of 0.2345, the exchange rate registered a net change of 4.39% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.2379 was down 9.02% compared to the 2017 peak of 0.2615, 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 1,189 SHP
2017 Average 1,217 SHP
Yearly Trough Low 1,072 SHP
Transaction Impact: A difference of 117.87 SHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.2364
0.2176
JanuMarcMayJulySeptNove

PGK to SHP 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 0.2243, compared to 0.2319 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0076 points.

H1 Avg (Jan–Jun) 0.2243
H2 Avg (Jul–Dec) 0.2319

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.0118 SHP (High: 0.2306 / Low: 0.2188). On the other end, July was the most stable month, with a tight range of 0.0046 SHP (High: 0.2331 / Low: 0.2285).

January Spread (Volatile) ±0.0118
July Spread (Stable) ±0.0046

Growth Streaks & Declines

Trends

Between April and August, 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 August and September, when the average rate fell by 0.0041 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0041

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 0.2345) against the same month in 2017 (average: 0.2319), the exchange rate shifted by +0.0026 (+1.11%).

2018 Avg (December) 0.2345
2017 Avg (December) 0.2319

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2306 0.2188 0.2246
February 0.2276 0.2175 0.2225
March 0.2269 0.2175 0.2221
April 0.2230 0.2143 0.2191
May 0.2312 0.2242 0.2275
June 0.2329 0.2258 0.2299
July 0.2331 0.2285 0.2309
August 0.2377 0.2314 0.2348
September 0.2346 0.2266 0.2308
October 0.2346 0.2254 0.2293
November 0.2340 0.2267 0.2309
December 0.2379 0.2316 0.2345