2023 JPY to PGK Historical Review

YEARLY HIGH

0.0275 PGK

YEARLY LOW

0.0242 PGK

YEARLY AVERAGE

0.0257 PGK

2023 JPY to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JPY to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 0.0275. Conversely, the yearly low was recorded on September 9, dropping to 0.0242.

This high-to-low spread represents a total annual volatility of 0.0034 PGK. From a start-to-finish perspective, comparing the January average rate of 0.0271 to the December average rate of 0.0260, the exchange rate registered a net change of -3.78% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0275 was down 11.22% compared to the 2022 peak of 0.0310, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 JPY based on timing:

Yearly Peak High 13,761 PGK

2022 Average 13,504 PGK

Yearly Trough Low 12,080 PGK

Transaction Impact: A difference of 1,681.16 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0273

0.0244

JanuMarcMayJulySeptNove

JPY 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 0.0262, compared to 0.0251 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.0262

H2 Avg (Jul–Dec) 0.0251

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0017 PGK (High: 0.0261 / Low: 0.0244). On the other end, October was the most stable month, with a tight range of 0.0007 PGK (High: 0.0252 / Low: 0.0245).

July Spread (Volatile) ±0.0017

October Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between September and December, 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 April and May, when the average rate fell by 0.0007 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0271) against the same month in 2022 (average: 0.0307), the exchange rate shifted by -0.0036 (-11.78%).

2023 Avg (January) 0.0271

2022 Avg (January) 0.0307

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0275	0.0264	0.0271
February	0.0274	0.0258	0.0265
March	0.0272	0.0256	0.0264
April	0.0271	0.0256	0.0264
May	0.0263	0.0250	0.0257
June	0.0259	0.0244	0.0251
July	0.0261	0.0244	0.0253
August	0.0256	0.0242	0.0250
September	0.0250	0.0242	0.0247
October	0.0252	0.0245	0.0248
November	0.0255	0.0244	0.0250
December	0.0268	0.0254	0.0260