2018 PGK to YER Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 PGK to YER Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the PGK to YER exchange rate experienced significant fluctuation. The market reached its absolute peak on March 5, valuing the pair at 82.2159. Conversely, the yearly low was recorded on December 29, dropping to 73.7984.
This high-to-low spread represents a total annual volatility of 8.4175 YER. From a start-to-finish perspective, comparing the January average rate of 77.6668 to the December average rate of 74.3571, the exchange rate registered a net change of -4.26% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 82.2159 was up 2.88% compared to the 2017 peak of 79.9118, 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 YER 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 77.2808, compared to 75.1306 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.1502 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was March, with a trading range of 5.3611 YER (High: 82.2159 / Low: 76.8548). On the other end, October was the most stable month, with a tight range of 0.5166 YER (High: 75.0115 / Low: 74.4949).
Growth Streaks & Declines
TrendsBetween January and March, 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 March and April, when the average rate fell by 0.8388 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2018: 77.9459) against the same month in 2017 (average: 78.8223), the exchange rate shifted by -0.8764 (-1.11%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 78.1577 | 77.0647 | 77.6668 |
| February | 78.3646 | 77.0699 | 77.8145 |
| March | 82.2159 | 76.8548 | 77.9459 |
| April | 77.6210 | 76.7398 | 77.1071 |
| May | 76.9835 | 76.1043 | 76.6589 |
| June | 76.9798 | 75.4598 | 76.4917 |
| July | 76.5778 | 75.9333 | 76.1514 |
| August | 76.1026 | 75.4093 | 75.6473 |
| September | 75.8837 | 75.1955 | 75.3317 |
| October | 75.0115 | 74.4949 | 74.7277 |
| November | 75.1430 | 74.2711 | 74.5681 |
| December | 74.7391 | 73.7984 | 74.3571 |