2023 BDT to PGK Historical Review

YEARLY HIGH

0.0344 PGK

YEARLY LOW

0.0322 PGK

YEARLY AVERAGE

0.0333 PGK

2023 BDT to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BDT to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.0344. Conversely, the yearly low was recorded on August 18, dropping to 0.0322.

This high-to-low spread represents a total annual volatility of 0.0023 PGK. From a start-to-finish perspective, comparing the January average rate of 0.0336 to the December average rate of 0.0340, the exchange rate registered a net change of 1.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0344 was down 16.69% compared to the 2022 peak of 0.0413, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 172 PGK

2022 Average 190 PGK

Yearly Trough Low 161 PGK

Transaction Impact: A difference of 11.33 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0341

0.0328

JanuMarcMayJulySeptNove

BDT 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 0.0332, compared to 0.0335 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0332

H2 Avg (Jul–Dec) 0.0335

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 0.0013 PGK (High: 0.0335 / Low: 0.0322). On the other end, December was the most stable month, with a tight range of 0.0007 PGK (High: 0.0344 / Low: 0.0337).

August Spread (Volatile) ±0.0013

December Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0004 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.0340) against the same month in 2022 (average: 0.0340), the exchange rate shifted by +0.0000 (+0.07%).

2023 Avg (December) 0.0340

2022 Avg (December) 0.0340

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0341	0.0330	0.0336
February	0.0337	0.0325	0.0332
March	0.0340	0.0327	0.0333
April	0.0339	0.0327	0.0332
May	0.0335	0.0326	0.0330
June	0.0336	0.0325	0.0329
July	0.0334	0.0324	0.0329
August	0.0335	0.0322	0.0331
September	0.0336	0.0325	0.0332
October	0.0341	0.0331	0.0336
November	0.0344	0.0335	0.0340
December	0.0344	0.0337	0.0340