2023 CZK to PGK Historical Review

YEARLY HIGH

0.1709 PGK

YEARLY LOW

0.1541 PGK

YEARLY AVERAGE

0.1623 PGK

2023 CZK to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CZK to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 14, valuing the pair at 0.1709. Conversely, the yearly low was recorded on January 5, dropping to 0.1541.

This high-to-low spread represents a total annual volatility of 0.0168 PGK. From a start-to-finish perspective, comparing the January average rate of 0.1587 to the December average rate of 0.1668, the exchange rate registered a net change of 5.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1709 was up 3.00% compared to the 2022 peak of 0.1659, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 854 PGK

2022 Average 757 PGK

Yearly Trough Low 771 PGK

Transaction Impact: A difference of 83.76 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1676

0.1578

JanuMarcMayJulySeptNove

CZK 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 0.1612, compared to 0.1634 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0022 points.

H1 Avg (Jan–Jun) 0.1612

H2 Avg (Jul–Dec) 0.1634

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0111 PGK (High: 0.1704 / Low: 0.1593). On the other end, December was the most stable month, with a tight range of 0.0044 PGK (High: 0.1689 / Low: 0.1646).

November Spread (Volatile) ±0.0111

December Spread (Stable) ±0.0044

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0040 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0040

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.1653) against the same month in 2022 (average: 0.1470), the exchange rate shifted by +0.0183 (+12.43%).

2023 Avg (July) 0.1653

2022 Avg (July) 0.1470

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1618	0.1541	0.1587
February	0.1631	0.1570	0.1592
March	0.1637	0.1544	0.1592
April	0.1688	0.1618	0.1649
May	0.1659	0.1594	0.1625
June	0.1658	0.1593	0.1626
July	0.1709	0.1616	0.1653
August	0.1661	0.1593	0.1636
September	0.1638	0.1566	0.1596
October	0.1621	0.1565	0.1593
November	0.1704	0.1593	0.1659
December	0.1689	0.1646	0.1668