2018 PGK to XAF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 PGK to XAF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the PGK to XAF exchange rate experienced significant fluctuation. The market reached its absolute peak on August 15, valuing the pair at 174.5272. Conversely, the yearly low was recorded on February 1, dropping to 162.6716.
This high-to-low spread represents a total annual volatility of 11.8556 XAF. From a start-to-finish perspective, comparing the January average rate of 166.8565 to the December average rate of 171.2608, the exchange rate registered a net change of 2.64% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 174.5272 was down 11.99% compared to the 2017 peak of 198.3095, 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 XAF 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 167.2048, compared to 170.9056 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.7007 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was May, with a trading range of 7.4669 XAF (High: 174.2534 / Low: 166.7865). On the other end, July was the most stable month, with a tight range of 2.3534 XAF (High: 171.7811 / Low: 169.4277).
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 August and September, when the average rate fell by 2.3434 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2018: 171.7769) against the same month in 2017 (average: 174.4757), the exchange rate shifted by -2.6988 (-1.55%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 170.1357 | 164.0845 | 166.8565 |
| February | 168.3985 | 162.6716 | 165.1630 |
| March | 166.8148 | 163.0478 | 164.9676 |
| April | 166.6511 | 162.7904 | 164.6286 |
| May | 174.2534 | 166.7865 | 169.9545 |
| June | 173.8755 | 169.4790 | 171.6589 |
| July | 171.7811 | 169.4277 | 170.6207 |
| August | 174.5272 | 168.9673 | 171.7769 |
| September | 171.4785 | 167.5065 | 169.4336 |
| October | 172.8972 | 168.7878 | 170.4447 |
| November | 174.0950 | 169.9554 | 171.8967 |
| December | 173.2029 | 168.9149 | 171.2608 |