2023 NAD to PGK Historical Review

YEARLY HIGH

0.2096 PGK

YEARLY LOW

0.1786 PGK

YEARLY AVERAGE

0.1949 PGK

2023 NAD to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NAD to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 12, valuing the pair at 0.2096. Conversely, the yearly low was recorded on May 27, dropping to 0.1786.

This high-to-low spread represents a total annual volatility of 0.0309 PGK. From a start-to-finish perspective, comparing the January average rate of 0.2063 to the December average rate of 0.2002, the exchange rate registered a net change of -2.93% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2096 was down 13.72% compared to the 2022 peak of 0.2429, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,048 PGK

2022 Average 1,086 PGK

Yearly Trough Low 893 PGK

Transaction Impact: A difference of 154.70 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2084

0.1831

JanuMarcMayJulySeptNove

NAD 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 0.1942, compared to 0.1955 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.1942

H2 Avg (Jul–Dec) 0.1955

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0197 PGK (High: 0.2077 / Low: 0.1879). On the other end, January was the most stable month, with a tight range of 0.0057 PGK (High: 0.2096 / Low: 0.2039).

November Spread (Volatile) ±0.0197

January Spread (Stable) ±0.0057

Growth Streaks & Declines

Trends

Between August and December, 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 April and May, when the average rate fell by 0.0088 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0088

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.2063) against the same month in 2022 (average: 0.2273), the exchange rate shifted by -0.0210 (-9.25%).

2023 Avg (January) 0.2063

2022 Avg (January) 0.2273

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2096	0.2039	0.2063
February	0.2066	0.1912	0.1975
March	0.1969	0.1886	0.1927
April	0.2003	0.1903	0.1940
May	0.1928	0.1786	0.1852
June	0.1965	0.1799	0.1898
July	0.2034	0.1867	0.1958
August	0.1990	0.1811	0.1920
September	0.1953	0.1859	0.1921
October	0.1996	0.1840	0.1926
November	0.2077	0.1879	0.2002
December	0.2067	0.1947	0.2002