YEARLY HIGH
0.0042 PGK
YEARLY LOW
0.0039 PGK
YEARLY AVERAGE
0.0040 PGK

2023 KPW to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KPW to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 0.0042. Conversely, the yearly low was recorded on March 18, dropping to 0.0039.

This high-to-low spread represents a total annual volatility of 0.0003 PGK. From a start-to-finish perspective, comparing the January average rate of 0.0039 to the December average rate of 0.0042, the exchange rate registered a net change of 6.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0042 was up 5.40% compared to the 2022 peak of 0.0040, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 21 PGK
2022 Average 20 PGK
Yearly Trough Low 19 PGK
Transaction Impact: A difference of 1.74 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0042
0.0039
JanuMarcMayJulySeptNove

KPW 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 0.0039, compared to 0.0041 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0039
H2 Avg (Jul–Dec) 0.0041

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 0.0002 PGK (High: 0.0041 / Low: 0.0039). On the other end, January was the most stable month, with a tight range of 0.0000 PGK (High: 0.0039 / Low: 0.0039).

August Spread (Volatile) ±0.0002
January Spread (Stable) ±0.0000

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 November and December, when the average rate fell by 0.0000 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.0042) against the same month in 2022 (average: 0.0039), the exchange rate shifted by +0.0003 (+6.59%).

2023 Avg (November) 0.0042
2022 Avg (November) 0.0039

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0039 0.0039 0.0039
February 0.0040 0.0039 0.0039
March 0.0040 0.0039 0.0039
April 0.0040 0.0039 0.0039
May 0.0040 0.0039 0.0039
June 0.0040 0.0039 0.0039
July 0.0040 0.0039 0.0040
August 0.0041 0.0039 0.0040
September 0.0041 0.0040 0.0040
October 0.0042 0.0041 0.0041
November 0.0042 0.0041 0.0042
December 0.0042 0.0041 0.0042