2023 GHS to PGK Historical Review

YEARLY HIGH

0.4220 PGK

YEARLY LOW

0.2737 PGK

YEARLY AVERAGE

0.3087 PGK

2023 GHS to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GHS to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.4220. Conversely, the yearly low was recorded on February 27, dropping to 0.2737.

This high-to-low spread represents a total annual volatility of 0.1483 PGK. From a start-to-finish perspective, comparing the January average rate of 0.3107 to the December average rate of 0.3112, the exchange rate registered a net change of 0.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4220 was down 26.65% compared to the 2022 peak of 0.5753, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,110 PGK

2022 Average 2,086 PGK

Yearly Trough Low 1,368 PGK

Transaction Impact: A difference of 741.49 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3246

0.2790

JanuMarcMayJulySeptNove

GHS 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 0.3021, compared to 0.3153 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0131 points.

H1 Avg (Jan–Jun) 0.3021

H2 Avg (Jul–Dec) 0.3153

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.1404 PGK (High: 0.4220 / Low: 0.2816). On the other end, November was the most stable month, with a tight range of 0.0061 PGK (High: 0.3168 / Low: 0.3107).

January Spread (Volatile) ±0.1404

November Spread (Stable) ±0.0061

Growth Streaks & Declines

Trends

Between February and June, 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 January and February, when the average rate fell by 0.0279 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0279

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.3107) against the same month in 2022 (average: 0.5668), the exchange rate shifted by -0.2561 (-45.19%).

2023 Avg (January) 0.3107

2022 Avg (January) 0.5668

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4220	0.2816	0.3107
February	0.2897	0.2737	0.2828
March	0.3021	0.2752	0.2857
April	0.3303	0.2928	0.3086
May	0.3318	0.2973	0.3112
June	0.3223	0.3074	0.3138
July	0.3183	0.3038	0.3131
August	0.3253	0.3119	0.3208
September	0.3212	0.3116	0.3172
October	0.3197	0.3131	0.3152
November	0.3168	0.3107	0.3142
December	0.3154	0.3086	0.3112