2023 GMD to PGK Historical Review

YEARLY HIGH

0.0607 PGK

YEARLY LOW

0.0550 PGK

YEARLY AVERAGE

0.0579 PGK

2023 GMD to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GMD to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 14, valuing the pair at 0.0607. Conversely, the yearly low was recorded on November 11, dropping to 0.0550.

This high-to-low spread represents a total annual volatility of 0.0056 PGK. From a start-to-finish perspective, comparing the January average rate of 0.0568 to the December average rate of 0.0555, the exchange rate registered a net change of -2.22% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0607 was down 9.70% compared to the 2022 peak of 0.0672, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 303 PGK

2022 Average 319 PGK

Yearly Trough Low 275 PGK

Transaction Impact: A difference of 28.19 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0603

0.0551

JanuMarcMayJulySeptNove

GMD 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 0.0580, compared to 0.0578 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0580

H2 Avg (Jul–Dec) 0.0578

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.0048 PGK (High: 0.0606 / Low: 0.0559). On the other end, December was the most stable month, with a tight range of 0.0010 PGK (High: 0.0562 / Low: 0.0551).

September Spread (Volatile) ±0.0048

December Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between April and July, 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 September and October, when the average rate fell by 0.0025 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0025

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.0599) against the same month in 2022 (average: 0.0656), the exchange rate shifted by -0.0058 (-8.77%).

2023 Avg (July) 0.0599

2022 Avg (July) 0.0656

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0576	0.0563	0.0568
February	0.0585	0.0572	0.0578
March	0.0584	0.0565	0.0574
April	0.0588	0.0563	0.0570
May	0.0604	0.0585	0.0591
June	0.0606	0.0591	0.0597
July	0.0607	0.0590	0.0599
August	0.0604	0.0581	0.0597
September	0.0606	0.0559	0.0590
October	0.0574	0.0558	0.0565
November	0.0578	0.0550	0.0561
December	0.0562	0.0551	0.0555