2023 MDL to PGK Historical Review

YEARLY HIGH

0.2182 PGK

YEARLY LOW

0.1834 PGK

YEARLY AVERAGE

0.1992 PGK

2023 MDL to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MDL to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.2182. Conversely, the yearly low was recorded on January 8, dropping to 0.1834.

This high-to-low spread represents a total annual volatility of 0.0348 PGK. From a start-to-finish perspective, comparing the January average rate of 0.1855 to the December average rate of 0.2125, the exchange rate registered a net change of 14.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2182 was up 9.49% compared to the 2022 peak of 0.1992, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,091 PGK

2022 Average 935 PGK

Yearly Trough Low 917 PGK

Transaction Impact: A difference of 173.92 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2152

0.1828

JanuMarcMayJulySeptNove

MDL 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 0.1926, compared to 0.2057 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0131 points.

H1 Avg (Jan–Jun) 0.1926

H2 Avg (Jul–Dec) 0.2057

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0168 PGK (High: 0.2092 / Low: 0.1923). On the other end, February was the most stable month, with a tight range of 0.0045 PGK (High: 0.1906 / Low: 0.1861).

July Spread (Volatile) ±0.0168

February Spread (Stable) ±0.0045

Growth Streaks & Declines

Trends

Between January and May, 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 0.0019 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0019

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.2125) against the same month in 2022 (average: 0.1825), the exchange rate shifted by +0.0300 (+16.45%).

2023 Avg (December) 0.2125

2022 Avg (December) 0.1825

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1881	0.1834	0.1855
February	0.1906	0.1861	0.1880
March	0.1924	0.1864	0.1893
April	0.1987	0.1922	0.1955
May	0.2025	0.1962	0.1988
June	0.2026	0.1923	0.1985
July	0.2092	0.1923	0.1996
August	0.2073	0.1991	0.2046
September	0.2062	0.1995	0.2028
October	0.2077	0.2001	0.2044
November	0.2138	0.2050	0.2102
December	0.2182	0.2096	0.2125