YEARLY HIGH
0.0404 PGK
YEARLY LOW
0.0316 PGK
YEARLY AVERAGE
0.0359 PGK

2023 ALL to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ALL to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 30, valuing the pair at 0.0404. Conversely, the yearly low was recorded on January 8, dropping to 0.0316.

This high-to-low spread represents a total annual volatility of 0.0088 PGK. From a start-to-finish perspective, comparing the January average rate of 0.0326 to the December average rate of 0.0397, the exchange rate registered a net change of 21.69% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0404 was up 21.03% compared to the 2022 peak of 0.0334, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 202 PGK
2022 Average 156 PGK
Yearly Trough Low 158 PGK
Transaction Impact: A difference of 43.99 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0404
0.0319
JanuMarcMayJulySeptNove

ALL 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 0.0339, compared to 0.0380 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0041 points.

H1 Avg (Jan–Jun) 0.0339
H2 Avg (Jul–Dec) 0.0380

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0039 PGK (High: 0.0398 / Low: 0.0360). On the other end, February was the most stable month, with a tight range of 0.0008 PGK (High: 0.0332 / Low: 0.0323).

July Spread (Volatile) ±0.0039
February Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0010 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.0391) against the same month in 2022 (average: 0.0307), the exchange rate shifted by +0.0084 (+27.34%).

2023 Avg (November) 0.0391
2022 Avg (November) 0.0307

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0330 0.0316 0.0326
February 0.0332 0.0323 0.0327
March 0.0337 0.0324 0.0330
April 0.0351 0.0337 0.0344
May 0.0350 0.0337 0.0345
June 0.0367 0.0346 0.0359
July 0.0398 0.0360 0.0382
August 0.0388 0.0358 0.0374
September 0.0370 0.0355 0.0364
October 0.0378 0.0362 0.0370
November 0.0404 0.0371 0.0391
December 0.0404 0.0392 0.0397