YEARLY HIGH
0.0455 PGK
YEARLY LOW
0.0424 PGK
YEARLY AVERAGE
0.0436 PGK

2023 BTN to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BTN to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.0455. Conversely, the yearly low was recorded on August 18, dropping to 0.0424.

This high-to-low spread represents a total annual volatility of 0.0032 PGK. From a start-to-finish perspective, comparing the January average rate of 0.0431 to the December average rate of 0.0449, the exchange rate registered a net change of 4.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0455 was down 4.63% compared to the 2022 peak of 0.0477, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 228 PGK
2022 Average 225 PGK
Yearly Trough Low 212 PGK
Transaction Impact: A difference of 15.77 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0453
0.0425
JanuMarcMayJulySeptNove

BTN 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: JanтАУJun) was 0.0430, compared to 0.0443 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.0013 points.

H1 Avg (JanтАУJun) 0.0430
H2 Avg (JulтАУDec) 0.0443

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 0.0019 PGK (High: 0.0443 / Low: 0.0424). On the other end, April was the most stable month, with a tight range of 0.0006 PGK (High: 0.0434 / Low: 0.0428).

August Spread (Volatile) ┬▒0.0019
April Spread (Stable) ┬▒0.0006

Growth Streaks & Declines

Trends

Between May and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0003 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.0449) against the same month in 2022 (average: 0.0428), the exchange rate shifted by +0.0021 (+4.99%).

2023 Avg (December) 0.0449
2022 Avg (December) 0.0428

рдорд╛рд╕рд┐рдХ рд╡рд┐рд╢реНрд▓реЗрд╖рдг

рдкреНрд░рддреНрдпреЗрдХ рдХреЕрд▓реЗрдВрдбрд░ рдорд╣рд┐рдиреНрдпрд╛рд╕рд╛рдареА рд╕рд╛рдВрдЦреНрдпрд┐рдХреАрдп рд╕рд╛рд░рд╛рдВрд╢.

Month High Low Average
January 0.0434 0.0425 0.0431
February 0.0431 0.0425 0.0427
March 0.0432 0.0426 0.0428
April 0.0434 0.0428 0.0431
May 0.0435 0.0426 0.0429
June 0.0439 0.0426 0.0432
July 0.0442 0.0425 0.0435
August 0.0443 0.0424 0.0437
September 0.0445 0.0430 0.0439
October 0.0453 0.0439 0.0446
November 0.0455 0.0446 0.0451
December 0.0455 0.0444 0.0449