2023 AZN to PGK Historical Review

YEARLY HIGH

2.2287 PGK

YEARLY LOW

2.0440 PGK

YEARLY AVERAGE

2.1185 PGK

2023 AZN to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AZN to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 2.2287. Conversely, the yearly low was recorded on March 18, dropping to 2.0440.

This high-to-low spread represents a total annual volatility of 0.1847 PGK. From a start-to-finish perspective, comparing the January average rate of 2.0723 to the December average rate of 2.2005, 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 2.2287 was up 5.40% compared to the 2022 peak of 2.1144, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,143 PGK

2022 Average 10,374 PGK

Yearly Trough Low 10,220 PGK

Transaction Impact: A difference of 923.41 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.2200

2.0578

JanuMarcMayJulySeptNove

AZN 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 2.0769, compared to 2.1600 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0831 points.

H1 Avg (Jan–Jun) 2.0769

H2 Avg (Jul–Dec) 2.1600

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 0.0837 PGK (High: 2.1543 / Low: 2.0706). On the other end, January was the most stable month, with a tight range of 0.0087 PGK (High: 2.0744 / Low: 2.0657).

August Spread (Volatile) ±0.0837

January Spread (Stable) ±0.0087

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 0.0060 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0060

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 2.2065) against the same month in 2022 (average: 2.0705), the exchange rate shifted by +0.1360 (+6.57%).

2023 Avg (November) 2.2065

2022 Avg (November) 2.0705

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.0744	2.0657	2.0723
February	2.1010	2.0706	2.0759
March	2.0999	2.0440	2.0713
April	2.1005	2.0518	2.0742
May	2.1143	2.0699	2.0778
June	2.1223	2.0640	2.0900
July	2.1284	2.0640	2.1005
August	2.1543	2.0706	2.1280
September	2.1696	2.1007	2.1439
October	2.2160	2.1509	2.1804
November	2.2287	2.1703	2.2065
December	2.2243	2.1862	2.2005