2023 DOP to PGK Historical Review

YEARLY HIGH

0.0665 PGK

YEARLY LOW

0.0617 PGK

YEARLY AVERAGE

0.0643 PGK

2023 DOP to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DOP to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 18, valuing the pair at 0.0665. Conversely, the yearly low was recorded on February 4, dropping to 0.0617.

This high-to-low spread represents a total annual volatility of 0.0049 PGK. From a start-to-finish perspective, comparing the January average rate of 0.0623 to the December average rate of 0.0653, the exchange rate registered a net change of 4.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0665 was down 0.42% compared to the 2022 peak of 0.0668, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 333 PGK

2022 Average 321 PGK

Yearly Trough Low 308 PGK

Transaction Impact: A difference of 24.31 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0665

0.0619

JanuMarcMayJulySeptNove

DOP 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 0.0639, compared to 0.0648 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0639

H2 Avg (Jul–Dec) 0.0648

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0026 PGK (High: 0.0653 / Low: 0.0626). On the other end, January was the most stable month, with a tight range of 0.0006 PGK (High: 0.0626 / Low: 0.0620).

July Spread (Volatile) ±0.0026

January Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between January and May, 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 November and December, when the average rate fell by 0.0009 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.0661) against the same month in 2022 (average: 0.0648), the exchange rate shifted by +0.0013 (+1.97%).

2023 Avg (November) 0.0661

2022 Avg (November) 0.0648

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0626	0.0620	0.0623
February	0.0640	0.0617	0.0628
March	0.0652	0.0634	0.0641
April	0.0651	0.0641	0.0645
May	0.0658	0.0645	0.0648
June	0.0658	0.0636	0.0648
July	0.0653	0.0626	0.0640
August	0.0646	0.0622	0.0639
September	0.0650	0.0629	0.0642
October	0.0662	0.0643	0.0653
November	0.0665	0.0653	0.0661
December	0.0664	0.0641	0.0653