2013 GIP to PGK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2013.
2013 GIP to PGK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2013
During 2013, the GIP to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 24, valuing the pair at 4.2855. Conversely, the yearly low was recorded on February 24, dropping to 3.1395.
This high-to-low spread represents a total annual volatility of 1.1461 PGK. From a start-to-finish perspective, comparing the January average rate of 3.3271 to the December average rate of 4.1077, the exchange rate registered a net change of 23.46% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2013 high of 4.2855 was up 26.91% compared to the 2012 peak of 3.3767, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GIP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2013.
GIP to PGK Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 3.3309, compared to 3.9070 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5760 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2013 was September, with a trading range of 0.5232 PGK (High: 4.2094 / Low: 3.6862). On the other end, January was the most stable month, with a tight range of 0.0840 PGK (High: 3.3687 / Low: 3.2847).
Growth Streaks & Declines
TrendsBetween July and October, 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 January and February, when the average rate fell by 0.0741 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2013: 4.1865) against the same month in 2012 (average: 3.3019), the exchange rate shifted by +0.8846 (+26.79%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 3.3687 | 3.2847 | 3.3271 |
| February | 3.3245 | 3.1395 | 3.2530 |
| March | 3.4578 | 3.2888 | 3.3432 |
| April | 3.3943 | 3.1936 | 3.2939 |
| May | 3.4629 | 3.2574 | 3.3193 |
| June | 3.5202 | 3.3573 | 3.4491 |
| July | 3.5365 | 3.3278 | 3.4325 |
| August | 3.6917 | 3.4698 | 3.6044 |
| September | 4.2094 | 3.6862 | 3.9322 |
| October | 4.2855 | 4.0232 | 4.1865 |
| November | 4.2412 | 4.0971 | 4.1785 |
| December | 4.1655 | 4.0625 | 4.1077 |