2023 NIO to PGK Historical Review

YEARLY HIGH

0.1033 PGK

YEARLY LOW

0.0961 PGK

YEARLY AVERAGE

0.0985 PGK

2023 NIO to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NIO to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 17, valuing the pair at 0.1033. Conversely, the yearly low was recorded on February 13, dropping to 0.0961.

This high-to-low spread represents a total annual volatility of 0.0073 PGK. From a start-to-finish perspective, comparing the January average rate of 0.0966 to the December average rate of 0.1020, the exchange rate registered a net change of 5.64% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1033 was up 3.13% compared to the 2022 peak of 0.1002, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 517 PGK

2022 Average 492 PGK

Yearly Trough Low 480 PGK

Transaction Impact: A difference of 36.28 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1031

0.0959

JanuMarcMayJulySeptNove

NIO 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 0.0967, compared to 0.1004 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0037 points.

H1 Avg (Jan–Jun) 0.0967

H2 Avg (Jul–Dec) 0.1004

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 0.0038 PGK (High: 0.1001 / Low: 0.0963). On the other end, January was the most stable month, with a tight range of 0.0005 PGK (High: 0.0969 / Low: 0.0964).

August Spread (Volatile) ±0.0038

January Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between March and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0005 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.1025) against the same month in 2022 (average: 0.0978), the exchange rate shifted by +0.0047 (+4.80%).

2023 Avg (November) 0.1025

2022 Avg (November) 0.0978

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0969	0.0964	0.0966
February	0.0977	0.0961	0.0967
March	0.0976	0.0962	0.0965
April	0.0976	0.0962	0.0966
May	0.0983	0.0963	0.0967
June	0.0987	0.0962	0.0972
July	0.0990	0.0962	0.0978
August	0.1001	0.0963	0.0989
September	0.1008	0.0976	0.0996
October	0.1028	0.0998	0.1013
November	0.1033	0.1013	0.1025
December	0.1033	0.1011	0.1020