2018 PGK to WST Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 PGK to WST Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the PGK to WST exchange rate experienced significant fluctuation. The market reached its absolute peak on March 10, valuing the pair at 0.7944. Conversely, the yearly low was recorded on January 31, dropping to 0.7653.
This high-to-low spread represents a total annual volatility of 0.0291 WST. From a start-to-finish perspective, comparing the January average rate of 0.7804 to the December average rate of 0.7747, the exchange rate registered a net change of -0.73% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 0.7944 was down 3.69% compared to the 2017 peak of 0.8249, 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 WST 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 0.7823, compared to 0.7805 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0017 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was January, with a trading range of 0.0240 WST (High: 0.7893 / Low: 0.7653). On the other end, September was the most stable month, with a tight range of 0.0071 WST (High: 0.7846 / Low: 0.7776).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2018. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0057 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2018: 0.7840) against the same month in 2017 (average: 0.8028), the exchange rate shifted by -0.0188 (-2.34%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 0.7893 | 0.7653 | 0.7804 |
| February | 0.7884 | 0.7682 | 0.7762 |
| March | 0.7944 | 0.7727 | 0.7840 |
| April | 0.7904 | 0.7739 | 0.7813 |
| May | 0.7914 | 0.7779 | 0.7866 |
| June | 0.7896 | 0.7753 | 0.7850 |
| July | 0.7932 | 0.7849 | 0.7879 |
| August | 0.7870 | 0.7797 | 0.7822 |
| September | 0.7846 | 0.7776 | 0.7790 |
| October | 0.7870 | 0.7752 | 0.7822 |
| November | 0.7885 | 0.7719 | 0.7770 |
| December | 0.7794 | 0.7692 | 0.7747 |