2023 ARS to PGK Historical Review

YEARLY HIGH

0.0199 PGK

YEARLY LOW

0.0046 PGK

YEARLY AVERAGE

0.0137 PGK

2023 ARS to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ARS to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0199. Conversely, the yearly low was recorded on December 28, dropping to 0.0046.

This high-to-low spread represents a total annual volatility of 0.0153 PGK. From a start-to-finish perspective, comparing the January average rate of 0.0194 to the December average rate of 0.0068, the exchange rate registered a net change of -64.64% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0199 was down 42.06% compared to the 2022 peak of 0.0344, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 100 PGK

2022 Average 139 PGK

Yearly Trough Low 23 PGK

Transaction Impact: A difference of 76.65 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0206

0.0056

JanuMarcMayJulySeptNove

ARS 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 0.0169, compared to 0.0106 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0063 points.

H1 Avg (Jan–Jun) 0.0169

H2 Avg (Jul–Dec) 0.0106

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0058 PGK (High: 0.0104 / Low: 0.0046). On the other end, September was the most stable month, with a tight range of 0.0003 PGK (High: 0.0105 / Low: 0.0102).

December Spread (Volatile) ±0.0058

September Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between September and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0038 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0038

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0194) against the same month in 2022 (average: 0.0339), the exchange rate shifted by -0.0146 (-42.92%).

2023 Avg (January) 0.0194

2022 Avg (January) 0.0339

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0199	0.0188	0.0194
February	0.0189	0.0179	0.0184
March	0.0178	0.0169	0.0174
April	0.0170	0.0157	0.0164
May	0.0158	0.0148	0.0153
June	0.0150	0.0137	0.0143
July	0.0139	0.0129	0.0134
August	0.0131	0.0101	0.0114
September	0.0105	0.0102	0.0104
October	0.0108	0.0104	0.0106
November	0.0108	0.0104	0.0106
December	0.0104	0.0046	0.0068