YEARLY HIGH
0.9315 PGK
YEARLY LOW
0.8773 PGK
YEARLY AVERAGE
0.9026 PGK

2018 QAR to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the QAR to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.9315. Conversely, the yearly low was recorded on March 4, dropping to 0.8773.

This high-to-low spread represents a total annual volatility of 0.0543 PGK. From a start-to-finish perspective, comparing the January average rate of 0.8853 to the December average rate of 0.9232, the exchange rate registered a net change of 4.28% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.9315 was up 3.09% compared to the 2017 peak of 0.9037, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 QAR based on timing:

Yearly Peak High 4,658 PGK
2017 Average 4,338 PGK
Yearly Trough Low 4,386 PGK
Transaction Impact: A difference of 271.40 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.9272
0.8795
JanuMarcMayJulySeptNove

QAR to PGK 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 0.8902, compared to 0.9151 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0249 points.

H1 Avg (Jan–Jun) 0.8902
H2 Avg (Jul–Dec) 0.9151

Volatility Range Comparison

Volatility

The most volatile month in 2018 was December, with a trading range of 0.0272 PGK (High: 0.9315 / Low: 0.9043). On the other end, July was the most stable month, with a tight range of 0.0058 PGK (High: 0.9053 / Low: 0.8995).

December Spread (Volatile) ±0.0272
July Spread (Stable) ±0.0058

Growth Streaks & Declines

Trends

Between February and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0018 points.

Longest Streak 10 Mo.
Sharpest MoM Drop -0.0018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 0.9232) against the same month in 2017 (average: 0.8770), the exchange rate shifted by +0.0462 (+5.27%).

2018 Avg (December) 0.9232
2017 Avg (December) 0.8770

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8921 0.8795 0.8853
February 0.8916 0.8773 0.8835
March 0.8946 0.8773 0.8853
April 0.8958 0.8855 0.8915
May 0.9034 0.8930 0.8968
June 0.9109 0.8932 0.8987
July 0.9053 0.8995 0.9029
August 0.9118 0.9033 0.9091
September 0.9143 0.9060 0.9125
October 0.9224 0.9166 0.9202
November 0.9258 0.9151 0.9224
December 0.9315 0.9043 0.9232