2023 BRL to PGK Historical Review

YEARLY HIGH

0.7792 PGK

YEARLY LOW

0.6432 PGK

YEARLY AVERAGE

0.7219 PGK

2023 BRL to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BRL to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.7792. Conversely, the yearly low was recorded on January 3, dropping to 0.6432.

This high-to-low spread represents a total annual volatility of 0.1361 PGK. From a start-to-finish perspective, comparing the January average rate of 0.6793 to the December average rate of 0.7639, the exchange rate registered a net change of 12.46% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.7792 was up 1.66% compared to the 2022 peak of 0.7665, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 BRL based on timing:

Yearly Peak High 19,481 PGK

2022 Average 17,110 PGK

Yearly Trough Low 16,079 PGK

Transaction Impact: A difference of 3,401.61 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.7746

0.6669

JanuMarcMayJulySeptNove

BRL 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 0.6970, compared to 0.7467 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0497 points.

H1 Avg (Jan–Jun) 0.6970

H2 Avg (Jul–Dec) 0.7467

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0529 PGK (High: 0.6961 / Low: 0.6432). On the other end, May was the most stable month, with a tight range of 0.0234 PGK (High: 0.7220 / Low: 0.6987).

January Spread (Volatile) ±0.0529

May Spread (Stable) ±0.0234

Growth Streaks & Declines

Trends

Between March and July, 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 July and August, when the average rate fell by 0.0071 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0071

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.7639) against the same month in 2022 (average: 0.6722), the exchange rate shifted by +0.0918 (+13.65%).

2023 Avg (December) 0.7639

2022 Avg (December) 0.6722

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6961	0.6432	0.6793
February	0.6979	0.6659	0.6814
March	0.6952	0.6582	0.6759
April	0.7239	0.6931	0.7032
May	0.7220	0.6987	0.7098
June	0.7490	0.7098	0.7324
July	0.7575	0.7225	0.7443
August	0.7561	0.7082	0.7372
September	0.7528	0.7162	0.7370
October	0.7539	0.7077	0.7323
November	0.7772	0.7495	0.7656
December	0.7792	0.7527	0.7639