YEARLY HIGH
0.0083 PGK
YEARLY LOW
0.0076 PGK
YEARLY AVERAGE
0.0079 PGK

2023 KZT to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KZT to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 12, valuing the pair at 0.0083. Conversely, the yearly low was recorded on January 4, dropping to 0.0076.

This high-to-low spread represents a total annual volatility of 0.0007 PGK. From a start-to-finish perspective, comparing the January average rate of 0.0076 to the December average rate of 0.0081, the exchange rate registered a net change of 6.97% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0083 was down 2.90% compared to the 2022 peak of 0.0085, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 41 PGK
2022 Average 38 PGK
Yearly Trough Low 38 PGK
Transaction Impact: A difference of 3.49 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0082
0.0076
JanuMarcMayJulySeptNove

KZT 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 0.0078, compared to 0.0080 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) 0.0078
H2 Avg (Jul–Dec) 0.0080

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0006 PGK (High: 0.0082 / Low: 0.0076). On the other end, January was the most stable month, with a tight range of 0.0001 PGK (High: 0.0077 / Low: 0.0076).

March Spread (Volatile) ±0.0006
January Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0002 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.0081) against the same month in 2022 (average: 0.0075), the exchange rate shifted by +0.0006 (+8.00%).

2023 Avg (December) 0.0081
2022 Avg (December) 0.0075

Monthly Breakdown

Statistical summary for each calendar month.

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