2023 LRD to PGK Historical Review

YEARLY HIGH

0.0232 PGK

YEARLY LOW

0.0189 PGK

YEARLY AVERAGE

0.0207 PGK

2023 LRD to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LRD to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 22, valuing the pair at 0.0232. Conversely, the yearly low was recorded on August 18, dropping to 0.0189.

This high-to-low spread represents a total annual volatility of 0.0043 PGK. From a start-to-finish perspective, comparing the January average rate of 0.0227 to the December average rate of 0.0199, the exchange rate registered a net change of -12.35% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0232 was down 4.43% compared to the 2022 peak of 0.0243, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 116 PGK

2022 Average 115 PGK

Yearly Trough Low 94 PGK

Transaction Impact: A difference of 21.57 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0230

0.0191

JanuMarcMayJulySeptNove

LRD 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 0.0217, compared to 0.0197 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0021 points.

H1 Avg (Jan–Jun) 0.0217

H2 Avg (Jul–Dec) 0.0197

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0017 PGK (High: 0.0213 / Low: 0.0195). On the other end, November was the most stable month, with a tight range of 0.0004 PGK (High: 0.0201 / Low: 0.0197).

June Spread (Volatile) ±0.0017

November Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between August and November, 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 June and July, when the average rate fell by 0.0009 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0221) against the same month in 2022 (average: 0.0229), the exchange rate shifted by -0.0008 (-3.63%).

2023 Avg (March) 0.0221

2022 Avg (March) 0.0229

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0229	0.0225	0.0227
February	0.0231	0.0222	0.0226
March	0.0232	0.0216	0.0221
April	0.0220	0.0211	0.0216
May	0.0214	0.0210	0.0212
June	0.0213	0.0195	0.0204
July	0.0199	0.0190	0.0194
August	0.0197	0.0189	0.0194
September	0.0198	0.0192	0.0196
October	0.0201	0.0196	0.0198
November	0.0201	0.0197	0.0200
December	0.0201	0.0197	0.0199