2023 MWK to PGK Historical Review

YEARLY HIGH

0.0035 PGK

YEARLY LOW

0.0022 PGK

YEARLY AVERAGE

0.0032 PGK

2023 MWK to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MWK to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on June 25, valuing the pair at 0.0035. Conversely, the yearly low was recorded on December 15, dropping to 0.0022.

This high-to-low spread represents a total annual volatility of 0.0013 PGK. From a start-to-finish perspective, comparing the January average rate of 0.0034 to the December average rate of 0.0022, the exchange rate registered a net change of -35.50% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0035 was down 20.16% compared to the 2022 peak of 0.0044, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 18 PGK

2022 Average 19 PGK

Yearly Trough Low 11 PGK

Transaction Impact: A difference of 6.61 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0036

0.0021

JanuMarcMayJulySeptNove

MWK 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 0.0034, compared to 0.0030 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0034

H2 Avg (Jul–Dec) 0.0030

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0012 PGK (High: 0.0034 / Low: 0.0022). On the other end, December was the most stable month, with a tight range of 0.0000 PGK (High: 0.0022 / Low: 0.0022).

November Spread (Volatile) ±0.0012

December Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between March and June, 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 October and November, when the average rate fell by 0.0005 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.0035) against the same month in 2022 (average: 0.0036), the exchange rate shifted by -0.0002 (-4.95%).

2023 Avg (June) 0.0035

2022 Avg (June) 0.0036

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0035	0.0034	0.0034
February	0.0035	0.0034	0.0034
March	0.0035	0.0034	0.0034
April	0.0035	0.0034	0.0034
May	0.0035	0.0034	0.0034
June	0.0035	0.0033	0.0035
July	0.0034	0.0033	0.0034
August	0.0035	0.0033	0.0034
September	0.0035	0.0033	0.0034
October	0.0034	0.0032	0.0032
November	0.0034	0.0022	0.0027
December	0.0022	0.0022	0.0022