2023 AED to PGK Historical Review

YEARLY HIGH

1.0316 PGK

YEARLY LOW

0.9461 PGK

YEARLY AVERAGE

0.9806 PGK

2023 AED to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AED to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 1.0316. Conversely, the yearly low was recorded on March 18, dropping to 0.9461.

This high-to-low spread represents a total annual volatility of 0.0856 PGK. From a start-to-finish perspective, comparing the January average rate of 0.9592 to the December average rate of 1.0186, the exchange rate registered a net change of 6.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.0316 was up 5.42% compared to the 2022 peak of 0.9786, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,158 PGK

2022 Average 4,801 PGK

Yearly Trough Low 4,730 PGK

Transaction Impact: A difference of 427.78 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.0278

0.9527

JanuMarcMayJulySeptNove

AED 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 0.9614, compared to 0.9998 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0384 points.

H1 Avg (Jan–Jun) 0.9614

H2 Avg (Jul–Dec) 0.9998

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 0.0387 PGK (High: 0.9971 / Low: 0.9583). On the other end, January was the most stable month, with a tight range of 0.0040 PGK (High: 0.9601 / Low: 0.9561).

August Spread (Volatile) ±0.0387

January Spread (Stable) ±0.0040

Growth Streaks & Declines

Trends

Between March and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0029 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0029

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 1.0215) against the same month in 2022 (average: 0.9583), the exchange rate shifted by +0.0632 (+6.59%).

2023 Avg (November) 1.0215

2022 Avg (November) 0.9583

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9601	0.9561	0.9592
February	0.9724	0.9583	0.9608
March	0.9720	0.9461	0.9589
April	0.9723	0.9499	0.9602
May	0.9787	0.9582	0.9619
June	0.9823	0.9583	0.9674
July	0.9851	0.9583	0.9723
August	0.9971	0.9583	0.9849
September	1.0042	0.9723	0.9923
October	1.0256	0.9955	1.0092
November	1.0316	1.0077	1.0215
December	1.0295	1.0119	1.0186