2018 SBD to PGK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 SBD to PGK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the SBD to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 20, valuing the pair at 0.4261. Conversely, the yearly low was recorded on January 23, dropping to 0.4095.
This high-to-low spread represents a total annual volatility of 0.0166 PGK. From a start-to-finish perspective, comparing the January average rate of 0.4148 to the December average rate of 0.4165, the exchange rate registered a net change of 0.42% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 0.4261 was up 0.56% compared to the 2017 peak of 0.4237, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SBD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
SBD to PGK 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 0.4154, compared to 0.4189 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0036 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was December, with a trading range of 0.0137 PGK (High: 0.4240 / Low: 0.4102). On the other end, September was the most stable month, with a tight range of 0.0038 PGK (High: 0.4220 / Low: 0.4182).
Growth Streaks & Declines
TrendsBetween June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0034 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2018: 0.4198) against the same month in 2017 (average: 0.4097), the exchange rate shifted by +0.0101 (+2.47%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 0.4176 | 0.4095 | 0.4148 |
| February | 0.4185 | 0.4098 | 0.4148 |
| March | 0.4190 | 0.4115 | 0.4150 |
| April | 0.4193 | 0.4144 | 0.4170 |
| May | 0.4210 | 0.4122 | 0.4170 |
| June | 0.4204 | 0.4106 | 0.4136 |
| July | 0.4182 | 0.4109 | 0.4156 |
| August | 0.4208 | 0.4169 | 0.4195 |
| September | 0.4220 | 0.4182 | 0.4212 |
| October | 0.4233 | 0.4175 | 0.4211 |
| November | 0.4261 | 0.4162 | 0.4198 |
| December | 0.4240 | 0.4102 | 0.4165 |