YEARLY HIGH
0.2093 PGK
YEARLY LOW
0.1798 PGK
YEARLY AVERAGE
0.1953 PGK

2023 LSL to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LSL to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 0.2093. Conversely, the yearly low was recorded on May 31, dropping to 0.1798.

This high-to-low spread represents a total annual volatility of 0.0294 PGK. From a start-to-finish perspective, comparing the January average rate of 0.2060 to the December average rate of 0.2004, the exchange rate registered a net change of -2.71% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2093 was down 13.68% compared to the 2022 peak of 0.2424, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,046 PGK
2022 Average 1,083 PGK
Yearly Trough Low 899 PGK
Transaction Impact: A difference of 147.17 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2080
0.1836
JanuMarcMayJulySeptNove

LSL 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 0.1943, compared to 0.1963 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0019 points.

H1 Avg (Jan–Jun) 0.1943
H2 Avg (Jul–Dec) 0.1963

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0175 PGK (High: 0.2043 / Low: 0.1867). On the other end, January was the most stable month, with a tight range of 0.0071 PGK (High: 0.2093 / Low: 0.2021).

July Spread (Volatile) ±0.0175
January Spread (Stable) ±0.0071

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0088 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0088

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.2060) against the same month in 2022 (average: 0.2276), the exchange rate shifted by -0.0216 (-9.50%).

2023 Avg (January) 0.2060
2022 Avg (January) 0.2276

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2093 0.2021 0.2060
February 0.2063 0.1911 0.1972
March 0.1974 0.1893 0.1928
April 0.2001 0.1911 0.1944
May 0.1928 0.1798 0.1856
June 0.1964 0.1799 0.1899
July 0.2043 0.1867 0.1961
August 0.1992 0.1841 0.1925
September 0.1954 0.1859 0.1922
October 0.1992 0.1881 0.1945
November 0.2080 0.1929 0.2018
December 0.2050 0.1947 0.2004