YEARLY HIGH
0.0213 PGK
YEARLY LOW
0.0196 PGK
YEARLY AVERAGE
0.0203 PGK

2023 DJF to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DJF to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 0.0213. Conversely, the yearly low was recorded on February 4, dropping to 0.0196.

This high-to-low spread represents a total annual volatility of 0.0017 PGK. From a start-to-finish perspective, comparing the January average rate of 0.0198 to the December average rate of 0.0210, the exchange rate registered a net change of 5.98% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0213 was up 5.91% compared to the 2022 peak of 0.0201, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 107 PGK
2022 Average 99 PGK
Yearly Trough Low 98 PGK
Transaction Impact: A difference of 8.46 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0213
0.0197
JanuMarcMayJulySeptNove

DJF 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 0.0199, compared to 0.0206 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0199
H2 Avg (Jul–Dec) 0.0206

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 0.0008 PGK (High: 0.0206 / Low: 0.0198). On the other end, January was the most stable month, with a tight range of 0.0001 PGK (High: 0.0199 / Low: 0.0198).

August Spread (Volatile) ±0.0008
January Spread (Stable) ±0.0001

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 0.0001 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.0211) against the same month in 2022 (average: 0.0198), the exchange rate shifted by +0.0013 (+6.61%).

2023 Avg (November) 0.0211
2022 Avg (November) 0.0198

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0199 0.0198 0.0198
February 0.0201 0.0196 0.0198
March 0.0201 0.0198 0.0198
April 0.0201 0.0198 0.0199
May 0.0202 0.0198 0.0199
June 0.0203 0.0197 0.0200
July 0.0203 0.0198 0.0201
August 0.0206 0.0198 0.0203
September 0.0207 0.0201 0.0205
October 0.0212 0.0205 0.0208
November 0.0213 0.0209 0.0211
December 0.0212 0.0208 0.0210