2023 CRC to PGK Historical Review

YEARLY HIGH

0.0073 PGK

YEARLY LOW

0.0060 PGK

YEARLY AVERAGE

0.0067 PGK

2023 CRC to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CRC to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.0073. Conversely, the yearly low was recorded on January 1, dropping to 0.0060.

This high-to-low spread represents a total annual volatility of 0.0013 PGK. From a start-to-finish perspective, comparing the January average rate of 0.0061 to the December average rate of 0.0071, the exchange rate registered a net change of 16.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0073 was up 18.86% compared to the 2022 peak of 0.0061, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 36 PGK

2022 Average 27 PGK

Yearly Trough Low 30 PGK

Transaction Impact: A difference of 6.56 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0072

0.0060

JanuMarcMayJulySeptNove

CRC 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 0.0064, compared to 0.0069 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0064

H2 Avg (Jul–Dec) 0.0069

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0004 PGK (High: 0.0064 / Low: 0.0060). On the other end, April was the most stable month, with a tight range of 0.0002 PGK (High: 0.0067 / Low: 0.0065).

January Spread (Volatile) ±0.0004

April Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0000 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.0071) against the same month in 2022 (average: 0.0060), the exchange rate shifted by +0.0011 (+19.09%).

2023 Avg (December) 0.0071

2022 Avg (December) 0.0060

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0064	0.0060	0.0061
February	0.0064	0.0061	0.0062
March	0.0066	0.0063	0.0065
April	0.0067	0.0065	0.0066
May	0.0067	0.0065	0.0066
June	0.0067	0.0065	0.0066
July	0.0068	0.0065	0.0066
August	0.0068	0.0066	0.0067
September	0.0069	0.0067	0.0068
October	0.0071	0.0068	0.0070
November	0.0071	0.0070	0.0071
December	0.0073	0.0070	0.0071