YEARLY HIGH
29.5866 MGA
YEARLY LOW
24.9607 MGA
YEARLY AVERAGE
27.5765 MGA

2018 PKR to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the PKR to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 29.5866. Conversely, the yearly low was recorded on December 31, dropping to 24.9607.

This high-to-low spread represents a total annual volatility of 4.6260 MGA. From a start-to-finish perspective, comparing the January average rate of 29.3020 to the December average rate of 25.5471, the exchange rate registered a net change of -12.81% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 29.5866 was down 8.48% compared to the 2017 peak of 32.3298, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 PKR based on timing:

Yearly Peak High 14,793,312 MGA
2017 Average 14,830,342 MGA
Yearly Trough Low 12,480,331 MGA
Transaction Impact: A difference of 2,312,981.14 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

29.6775
25.1716
JanuMarcMayJulySeptNove

PKR to MGA 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 28.3795, compared to 26.7734 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.6060 points.

H1 Avg (Jan–Jun) 28.3795
H2 Avg (Jul–Dec) 26.7734

Volatility Range Comparison

Volatility

The most volatile month in 2018 was December, with a trading range of 2.4813 MGA (High: 27.4419 / Low: 24.9607). On the other end, April was the most stable month, with a tight range of 0.4889 MGA (High: 28.1341 / Low: 27.6452).

December Spread (Volatile) ±2.4813
April Spread (Stable) ±0.4889

Growth Streaks & Declines

Trends

Between 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 June and July, when the average rate fell by 1.4668 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.4668

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 29.3020) against the same month in 2017 (average: 31.3616), the exchange rate shifted by -2.0595 (-6.57%).

2018 Avg (January) 29.3020
2017 Avg (January) 31.3616

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 29.5866 28.9914 29.3020
February 29.1826 28.2422 28.6357
March 28.7158 27.5299 28.0345
April 28.1341 27.6452 27.8123
May 28.7713 27.8990 28.1676
June 29.4077 27.2313 28.3246
July 27.8891 25.4294 26.8578
August 27.1286 26.4504 26.8332
September 27.8726 27.1090 27.5793
October 28.4950 26.1138 26.9660
November 27.2748 26.4342 26.8572
December 27.4419 24.9607 25.5471