2023 HNL to PYG Historical Review

YEARLY HIGH

304.9047 PYG

YEARLY LOW

289.1739 PYG

YEARLY AVERAGE

295.5024 PYG

2023 HNL to PYG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HNL to PYG exchange rate experienced significant fluctuation. The market reached its absolute peak on November 3, valuing the pair at 304.9047. Conversely, the yearly low was recorded on April 22, dropping to 289.1739.

This high-to-low spread represents a total annual volatility of 15.7307 PYG. From a start-to-finish perspective, comparing the January average rate of 299.0510 to the December average rate of 297.7584, the exchange rate registered a net change of -0.43% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 304.9047 was up 2.39% compared to the 2022 peak of 297.7989, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,524,523 PYG

2022 Average 1,418,336 PYG

Yearly Trough Low 1,445,870 PYG

Transaction Impact: A difference of 78,653.73 PYG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

302.4332

290.1616

JanuMarcMayJulySeptNove

HNL to PYG 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 294.0753, compared to 296.9295 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.8541 points.

H1 Avg (Jan–Jun) 294.0753

H2 Avg (Jul–Dec) 296.9295

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 9.3263 PYG (High: 302.7031 / Low: 293.3767). On the other end, February was the most stable month, with a tight range of 3.9967 PYG (High: 298.5885 / Low: 294.5919).

October Spread (Volatile) ±9.3263

February Spread (Stable) ±3.9967

Growth Streaks & Declines

Trends

Between April and August, 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 February and March, when the average rate fell by 4.3608 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -4.3608

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 301.4106) against the same month in 2022 (average: 289.8023), the exchange rate shifted by +11.6083 (+4.01%).

2023 Avg (November) 301.4106

2022 Avg (November) 289.8023

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	301.4098	295.6791	299.0510
February	298.5885	294.5919	296.1872
March	296.0496	289.7859	291.8264
April	295.2522	289.1739	291.1843
May	294.3006	289.9434	292.4138
June	295.8551	291.0482	293.7893
July	296.2681	291.2548	294.9079
August	298.6122	292.2455	295.3948
September	295.9264	290.9215	293.6874
October	302.7031	293.3767	298.4177
November	304.9047	300.1729	301.4106
December	301.5164	295.2398	297.7584