2023 DKK to PGK Historical Review

YEARLY HIGH

0.5598 PGK

YEARLY LOW

0.4978 PGK

YEARLY AVERAGE

0.5228 PGK

2023 DKK to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DKK to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.5598. Conversely, the yearly low was recorded on March 18, dropping to 0.4978.

This high-to-low spread represents a total annual volatility of 0.0620 PGK. From a start-to-finish perspective, comparing the January average rate of 0.5108 to the December average rate of 0.5479, the exchange rate registered a net change of 7.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5598 was up 3.10% compared to the 2022 peak of 0.5430, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,799 PGK

2022 Average 2,498 PGK

Yearly Trough Low 2,489 PGK

Transaction Impact: A difference of 309.98 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5520

0.5023

JanuMarcMayJulySeptNove

DKK 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 0.5125, compared to 0.5331 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0205 points.

H1 Avg (Jan–Jun) 0.5125

H2 Avg (Jul–Dec) 0.5331

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0296 PGK (High: 0.5454 / Low: 0.5158). On the other end, May was the most stable month, with a tight range of 0.0163 PGK (High: 0.5233 / Low: 0.5069).

July Spread (Volatile) ±0.0296

May Spread (Stable) ±0.0163

Growth Streaks & Declines

Trends

Between September and December, 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 0.0077 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0077

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.5479) against the same month in 2022 (average: 0.5021), the exchange rate shifted by +0.0458 (+9.12%).

2023 Avg (December) 0.5479

2022 Avg (December) 0.5021

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5170	0.4984	0.5108
February	0.5217	0.4987	0.5070
March	0.5211	0.4978	0.5064
April	0.5268	0.5101	0.5187
May	0.5233	0.5069	0.5151
June	0.5261	0.5055	0.5171
July	0.5454	0.5158	0.5300
August	0.5371	0.5136	0.5295
September	0.5304	0.5124	0.5218
October	0.5343	0.5146	0.5249
November	0.5560	0.5267	0.5443
December	0.5598	0.5387	0.5479