YEARLY HIGH
0.0085 PGK
YEARLY LOW
0.0075 PGK
YEARLY AVERAGE
0.0079 PGK

2023 KMF to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KMF to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.0085. Conversely, the yearly low was recorded on March 18, dropping to 0.0075.

This high-to-low spread represents a total annual volatility of 0.0010 PGK. From a start-to-finish perspective, comparing the January average rate of 0.0077 to the December average rate of 0.0083, the exchange rate registered a net change of 7.58% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0085 was up 3.21% compared to the 2022 peak of 0.0082, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 42 PGK
2022 Average 38 PGK
Yearly Trough Low 38 PGK
Transaction Impact: A difference of 4.84 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0084
0.0076
JanuMarcMayJulySeptNove

KMF 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 0.0077, compared to 0.0081 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0077
H2 Avg (Jul–Dec) 0.0081

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0005 PGK (High: 0.0084 / Low: 0.0079). On the other end, April was the most stable month, with a tight range of 0.0002 PGK (High: 0.0080 / Low: 0.0078).

November Spread (Volatile) ±0.0005
April Spread (Stable) ±0.0002

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 August and September, when the average rate fell by 0.0001 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.0083) against the same month in 2022 (average: 0.0076), the exchange rate shifted by +0.0007 (+9.32%).

2023 Avg (December) 0.0083
2022 Avg (December) 0.0076

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0078 0.0075 0.0077
February 0.0078 0.0075 0.0077
March 0.0079 0.0075 0.0076
April 0.0080 0.0078 0.0079
May 0.0079 0.0077 0.0078
June 0.0079 0.0076 0.0078
July 0.0082 0.0078 0.0080
August 0.0081 0.0078 0.0080
September 0.0081 0.0078 0.0079
October 0.0081 0.0078 0.0080
November 0.0084 0.0079 0.0082
December 0.0085 0.0081 0.0083