2023 AWG to PGK Historical Review

YEARLY HIGH

2.1380 PGK

YEARLY LOW

1.9304 PGK

YEARLY AVERAGE

2.0000 PGK

2023 AWG to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AWG to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 23, valuing the pair at 2.1380. Conversely, the yearly low was recorded on March 18, dropping to 1.9304.

This high-to-low spread represents a total annual volatility of 0.2075 PGK. From a start-to-finish perspective, comparing the January average rate of 1.9560 to the December average rate of 2.0769, the exchange rate registered a net change of 6.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.1380 was up 7.09% compared to the 2022 peak of 1.9964, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,690 PGK

2022 Average 9,797 PGK

Yearly Trough Low 9,652 PGK

Transaction Impact: A difference of 1,037.61 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.1012

1.9424

JanuMarcMayJulySeptNove

AWG 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 1.9604, compared to 2.0396 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0792 points.

H1 Avg (Jan–Jun) 1.9604

H2 Avg (Jul–Dec) 2.0396

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0846 PGK (High: 2.1380 / Low: 2.0534). On the other end, January was the most stable month, with a tight range of 0.0082 PGK (High: 1.9592 / Low: 1.9510).

November Spread (Volatile) ±0.0846

January Spread (Stable) ±0.0082

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 0.0111 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0111

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 2.0880) against the same month in 2022 (average: 1.9540), the exchange rate shifted by +0.1340 (+6.86%).

2023 Avg (November) 2.0880

2022 Avg (November) 1.9540

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.9592	1.9510	1.9560
February	1.9823	1.9544	1.9596
March	1.9833	1.9304	1.9557
April	1.9838	1.9378	1.9576
May	1.9969	1.9528	1.9610
June	2.0016	1.9528	1.9726
July	2.0073	1.9528	1.9820
August	2.0346	1.9556	2.0085
September	2.0509	1.9838	2.0242
October	2.0911	2.0286	2.0582
November	2.1380	2.0534	2.0880
December	2.1007	2.0647	2.0769