2023 ANG to PGK Historical Review

YEARLY HIGH

2.1036 PGK

YEARLY LOW

1.9470 PGK

YEARLY AVERAGE

1.9992 PGK

2023 ANG to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ANG to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 2.1036. Conversely, the yearly low was recorded on May 6, dropping to 1.9470.

This high-to-low spread represents a total annual volatility of 0.1566 PGK. From a start-to-finish perspective, comparing the January average rate of 1.9547 to the December average rate of 2.0735, the exchange rate registered a net change of 6.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.1036 was up 5.52% compared to the 2022 peak of 1.9936, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,518 PGK

2022 Average 9,786 PGK

Yearly Trough Low 9,735 PGK

Transaction Impact: A difference of 783.23 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.0969

1.9418

JanuMarcMayJulySeptNove

ANG 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 1.9601, compared to 2.0382 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0781 points.

H1 Avg (Jan–Jun) 1.9601

H2 Avg (Jul–Dec) 2.0382

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 0.0778 PGK (High: 2.0312 / Low: 1.9534). On the other end, January was the most stable month, with a tight range of 0.0042 PGK (High: 1.9560 / Low: 1.9518).

August Spread (Volatile) ±0.0778

January Spread (Stable) ±0.0042

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 0.0105 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0105

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 2.0840) against the same month in 2022 (average: 1.9550), the exchange rate shifted by +0.1289 (+6.60%).

2023 Avg (November) 2.0840

2022 Avg (November) 1.9550

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.9560	1.9518	1.9547
February	1.9803	1.9520	1.9579
March	1.9808	1.9526	1.9570
April	1.9804	1.9517	1.9586
May	1.9947	1.9470	1.9605
June	2.0015	1.9517	1.9719
July	2.0089	1.9526	1.9838
August	2.0312	1.9534	2.0073
September	2.0461	1.9819	2.0227
October	2.0886	2.0245	2.0580
November	2.1036	2.0592	2.0840
December	2.0969	2.0517	2.0735