2023 KGS to PGK Historical Review

YEARLY HIGH

0.0427 PGK

YEARLY LOW

0.0397 PGK

YEARLY AVERAGE

0.0410 PGK

2023 KGS to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KGS to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 0.0427. Conversely, the yearly low was recorded on March 18, dropping to 0.0397.

This high-to-low spread represents a total annual volatility of 0.0029 PGK. From a start-to-finish perspective, comparing the January average rate of 0.0412 to the December average rate of 0.0420, the exchange rate registered a net change of 1.95% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0427 was down 5.65% compared to the 2022 peak of 0.0452, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 213 PGK

2022 Average 210 PGK

Yearly Trough Low 199 PGK

Transaction Impact: A difference of 14.55 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0423

0.0401

JanuMarcMayJulySeptNove

KGS 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 0.0406, compared to 0.0414 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0406

H2 Avg (Jul–Dec) 0.0414

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 0.0016 PGK (High: 0.0415 / Low: 0.0399). On the other end, December was the most stable month, with a tight range of 0.0007 PGK (High: 0.0424 / Low: 0.0417).

August Spread (Volatile) ±0.0016

December Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between March and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0006 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.0421) against the same month in 2022 (average: 0.0419), the exchange rate shifted by +0.0002 (+0.41%).

2023 Avg (November) 0.0421

2022 Avg (November) 0.0419

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0419	0.0409	0.0412
February	0.0412	0.0403	0.0406
March	0.0408	0.0397	0.0403
April	0.0408	0.0399	0.0403
May	0.0410	0.0402	0.0404
June	0.0412	0.0402	0.0406
July	0.0412	0.0401	0.0407
August	0.0415	0.0399	0.0411
September	0.0416	0.0404	0.0412
October	0.0422	0.0412	0.0416
November	0.0427	0.0414	0.0421
December	0.0424	0.0417	0.0420