2018 TOP to PGK Historical Review

YEARLY HIGH

1.4927 PGK

YEARLY LOW

1.4021 PGK

YEARLY AVERAGE

1.4464 PGK

2018 TOP to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the TOP to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 1.4927. Conversely, the yearly low was recorded on July 3, dropping to 1.4021.

This high-to-low spread represents a total annual volatility of 0.0905 PGK. From a start-to-finish perspective, comparing the January average rate of 1.4342 to the December average rate of 1.4784, the exchange rate registered a net change of 3.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.4927 was up 0.90% compared to the 2017 peak of 1.4793, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,463 PGK

2017 Average 7,042 PGK

Yearly Trough Low 7,011 PGK

Transaction Impact: A difference of 452.74 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.4843

1.4144

JanuMarcMayJulySeptNove

TOP 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 1.4451, compared to 1.4476 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0025 points.

H1 Avg (Jan–Jun) 1.4451

H2 Avg (Jul–Dec) 1.4476

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 0.0621 PGK (High: 1.4821 / Low: 1.4199). On the other end, October was the most stable month, with a tight range of 0.0121 PGK (High: 1.4573 / Low: 1.4452).

May Spread (Volatile) ±0.0621

October Spread (Stable) ±0.0121

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0179 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0179

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 1.4784) against the same month in 2017 (average: 1.4061), the exchange rate shifted by +0.0723 (+5.14%).

2018 Avg (December) 1.4784

2017 Avg (December) 1.4061

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.4544	1.4169	1.4342
February	1.4710	1.4337	1.4529
March	1.4616	1.4381	1.4500
April	1.4746	1.4450	1.4597
May	1.4821	1.4199	1.4418
June	1.4516	1.4241	1.4321
July	1.4282	1.4021	1.4202
August	1.4368	1.4235	1.4322
September	1.4408	1.4279	1.4382
October	1.4573	1.4452	1.4533
November	1.4708	1.4495	1.4635
December	1.4927	1.4656	1.4784