YEARLY HIGH
0.2813 PGK
YEARLY LOW
0.2156 PGK
YEARLY AVERAGE
0.2496 PGK

2018 ZAR to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ZAR to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 24, valuing the pair at 0.2813. Conversely, the yearly low was recorded on September 5, dropping to 0.2156.

This high-to-low spread represents a total annual volatility of 0.0656 PGK. From a start-to-finish perspective, comparing the January average rate of 0.2644 to the December average rate of 0.2357, the exchange rate registered a net change of -10.88% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.2813 was up 7.27% compared to the 2017 peak of 0.2622, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 ZAR based on timing:

Yearly Peak High 14,063 PGK
2017 Average 11,997 PGK
Yearly Trough Low 10,782 PGK
Transaction Impact: A difference of 3,281.07 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.2769
0.2210
JanuMarcMayJulySeptNove

ZAR 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 0.2640, compared to 0.2352 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0287 points.

H1 Avg (Jan–Jun) 0.2640
H2 Avg (Jul–Dec) 0.2352

Volatility Range Comparison

Volatility

The most volatile month in 2018 was June, with a trading range of 0.0244 PGK (High: 0.2614 / Low: 0.2370). On the other end, March was the most stable month, with a tight range of 0.0103 PGK (High: 0.2782 / Low: 0.2680).

June Spread (Volatile) ±0.0244
March Spread (Stable) ±0.0103

Growth Streaks & Declines

Trends

Between September and November, 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 May and June, when the average rate fell by 0.0143 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0143

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 0.2722) against the same month in 2017 (average: 0.2400), the exchange rate shifted by +0.0322 (+13.42%).

2018 Avg (February) 0.2722
2017 Avg (February) 0.2400

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2716 0.2586 0.2644
February 0.2813 0.2638 0.2722
March 0.2782 0.2680 0.2722
April 0.2750 0.2614 0.2682
May 0.2686 0.2555 0.2605
June 0.2614 0.2370 0.2463
July 0.2510 0.2376 0.2456
August 0.2487 0.2254 0.2357
September 0.2356 0.2156 0.2257
October 0.2366 0.2259 0.2304
November 0.2455 0.2320 0.2384
December 0.2466 0.2295 0.2357