YEARLY HIGH
0.0071 PGK
YEARLY LOW
0.0043 PGK
YEARLY AVERAGE
0.0055 PGK

2023 AOA to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AOA to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 23, valuing the pair at 0.0071. Conversely, the yearly low was recorded on August 18, dropping to 0.0043.

This high-to-low spread represents a total annual volatility of 0.0028 PGK. From a start-to-finish perspective, comparing the January average rate of 0.0070 to the December average rate of 0.0045, the exchange rate registered a net change of -35.62% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0071 was down 19.07% compared to the 2022 peak of 0.0088, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 35 PGK
2022 Average 39 PGK
Yearly Trough Low 21 PGK
Transaction Impact: A difference of 14.15 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0073
0.0041
JanuMarcMayJulySeptNove

AOA 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 0.0066, compared to 0.0044 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0022 points.

H1 Avg (Jan–Jun) 0.0066
H2 Avg (Jul–Dec) 0.0044

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0018 PGK (High: 0.0061 / Low: 0.0043). On the other end, January was the most stable month, with a tight range of 0.0000 PGK (High: 0.0070 / Low: 0.0070).

June Spread (Volatile) ±0.0018
January Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0016 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0070) against the same month in 2022 (average: 0.0068), the exchange rate shifted by +0.0001 (+2.11%).

2023 Avg (February) 0.0070
2022 Avg (February) 0.0068

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0070 0.0070 0.0070
February 0.0071 0.0069 0.0070
March 0.0071 0.0069 0.0070
April 0.0070 0.0069 0.0069
May 0.0069 0.0061 0.0067
June 0.0061 0.0043 0.0051
July 0.0044 0.0043 0.0043
August 0.0044 0.0043 0.0044
September 0.0044 0.0043 0.0044
October 0.0046 0.0044 0.0045
November 0.0046 0.0045 0.0045
December 0.0046 0.0045 0.0045