2023 AFN to PGK Historical Review

YEARLY HIGH

0.0547 PGK

YEARLY LOW

0.0385 PGK

YEARLY AVERAGE

0.0439 PGK

2023 AFN to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AFN to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 22, valuing the pair at 0.0547. Conversely, the yearly low was recorded on April 18, dropping to 0.0385.

This high-to-low spread represents a total annual volatility of 0.0162 PGK. From a start-to-finish perspective, comparing the January average rate of 0.0396 to the December average rate of 0.0535, the exchange rate registered a net change of 34.88% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0547 was up 32.06% compared to the 2022 peak of 0.0414, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 274 PGK

2022 Average 196 PGK

Yearly Trough Low 193 PGK

Transaction Impact: A difference of 80.87 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0549

0.0380

JanuMarcMayJulySeptNove

AFN 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 0.0402, compared to 0.0477 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0075 points.

H1 Avg (Jan–Jun) 0.0402

H2 Avg (Jul–Dec) 0.0477

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.0049 PGK (High: 0.0499 / Low: 0.0449). On the other end, January was the most stable month, with a tight range of 0.0011 PGK (High: 0.0402 / Low: 0.0391).

September Spread (Volatile) ±0.0049

January Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0003 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.0525) against the same month in 2022 (average: 0.0400), the exchange rate shifted by +0.0125 (+31.23%).

2023 Avg (November) 0.0525

2022 Avg (November) 0.0400

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0402	0.0391	0.0396
February	0.0403	0.0387	0.0394
March	0.0411	0.0393	0.0402
April	0.0414	0.0385	0.0407
May	0.0410	0.0397	0.0404
June	0.0420	0.0402	0.0410
July	0.0423	0.0402	0.0412
August	0.0451	0.0414	0.0429
September	0.0499	0.0449	0.0468
October	0.0510	0.0468	0.0491
November	0.0547	0.0500	0.0525
December	0.0543	0.0529	0.0535