2023 KES to PGK Historical Review

YEARLY HIGH

0.0286 PGK

YEARLY LOW

0.0237 PGK

YEARLY AVERAGE

0.0258 PGK

2023 KES to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KES to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.0286. Conversely, the yearly low was recorded on December 28, dropping to 0.0237.

This high-to-low spread represents a total annual volatility of 0.0049 PGK. From a start-to-finish perspective, comparing the January average rate of 0.0284 to the December average rate of 0.0242, the exchange rate registered a net change of -14.78% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0286 was down 8.85% compared to the 2022 peak of 0.0313, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 143 PGK

2022 Average 150 PGK

Yearly Trough Low 118 PGK

Transaction Impact: A difference of 24.41 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0288

0.0238

JanuMarcMayJulySeptNove

KES 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 0.0269, compared to 0.0248 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 0.0269

H2 Avg (Jul–Dec) 0.0248

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0013 PGK (High: 0.0269 / Low: 0.0256). On the other end, January was the most stable month, with a tight range of 0.0003 PGK (High: 0.0286 / Low: 0.0283).

April Spread (Volatile) ±0.0013

January Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0009 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0284) against the same month in 2022 (average: 0.0311), the exchange rate shifted by -0.0026 (-8.53%).

2023 Avg (January) 0.0284

2022 Avg (January) 0.0311

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0286	0.0283	0.0284
February	0.0284	0.0277	0.0281
March	0.0276	0.0266	0.0272
April	0.0269	0.0256	0.0262
May	0.0260	0.0254	0.0257
June	0.0262	0.0250	0.0255
July	0.0256	0.0247	0.0253
August	0.0256	0.0244	0.0252
September	0.0252	0.0244	0.0248
October	0.0253	0.0246	0.0248
November	0.0250	0.0243	0.0247
December	0.0246	0.0237	0.0242