YEARLY HIGH
0.4913 PGK
YEARLY LOW
0.4615 PGK
YEARLY AVERAGE
0.4757 PGK

2018 BOB to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BOB to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 19, valuing the pair at 0.4913. Conversely, the yearly low was recorded on January 20, dropping to 0.4615.

This high-to-low spread represents a total annual volatility of 0.0298 PGK. From a start-to-finish perspective, comparing the January average rate of 0.4663 to the December average rate of 0.4871, the exchange rate registered a net change of 4.47% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.4913 was up 3.28% compared to the 2017 peak of 0.4758, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,457 PGK
2017 Average 2,299 PGK
Yearly Trough Low 2,308 PGK
Transaction Impact: A difference of 148.97 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.4893
0.4633
JanuMarcMayJulySeptNove

BOB 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 0.4690, compared to 0.4823 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0134 points.

H1 Avg (Jan–Jun) 0.4690
H2 Avg (Jul–Dec) 0.4823

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.0105 PGK (High: 0.4913 / Low: 0.4808). On the other end, October was the most stable month, with a tight range of 0.0031 PGK (High: 0.4860 / Low: 0.4829).

November Spread (Volatile) ±0.0105
October Spread (Stable) ±0.0031

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 0.0008 points.

Longest Streak 10 Mo.
Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 0.4862) against the same month in 2017 (average: 0.4620), the exchange rate shifted by +0.0242 (+5.25%).

2018 Avg (November) 0.4862
2017 Avg (November) 0.4620

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4682 0.4615 0.4663
February 0.4695 0.4624 0.4655
March 0.4713 0.4624 0.4665
April 0.4720 0.4665 0.4698
May 0.4765 0.4701 0.4724
June 0.4799 0.4704 0.4734
July 0.4797 0.4740 0.4762
August 0.4808 0.4755 0.4791
September 0.4816 0.4755 0.4805
October 0.4860 0.4829 0.4848
November 0.4913 0.4808 0.4862
December 0.4908 0.4848 0.4871