2023 NPR to PGK Historical Review

YEARLY HIGH

0.0284 PGK

YEARLY LOW

0.0265 PGK

YEARLY AVERAGE

0.0273 PGK

2023 NPR to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NPR to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.0284. Conversely, the yearly low was recorded on August 18, dropping to 0.0265.

This high-to-low spread represents a total annual volatility of 0.0020 PGK. From a start-to-finish perspective, comparing the January average rate of 0.0269 to the December average rate of 0.0281, 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 0.0284 was down 4.63% compared to the 2022 peak of 0.0298, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 142 PGK

2022 Average 140 PGK

Yearly Trough Low 132 PGK

Transaction Impact: A difference of 9.86 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0283

0.0266

JanuMarcMayJulySeptNove

NPR 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 0.0269, compared to 0.0277 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0269

H2 Avg (Jul–Dec) 0.0277

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 0.0012 PGK (High: 0.0277 / Low: 0.0265). On the other end, April was the most stable month, with a tight range of 0.0004 PGK (High: 0.0271 / Low: 0.0268).

August Spread (Volatile) ±0.0012

April Spread (Stable) ±0.0004

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 0.0002 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.0281) against the same month in 2022 (average: 0.0267), the exchange rate shifted by +0.0013 (+4.98%).

2023 Avg (December) 0.0281

2022 Avg (December) 0.0267

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0271	0.0266	0.0269
February	0.0270	0.0266	0.0267
March	0.0270	0.0266	0.0268
April	0.0271	0.0268	0.0269
May	0.0272	0.0266	0.0268
June	0.0274	0.0266	0.0270
July	0.0276	0.0266	0.0272
August	0.0277	0.0265	0.0273
September	0.0278	0.0269	0.0274
October	0.0283	0.0275	0.0279
November	0.0284	0.0279	0.0282
December	0.0284	0.0278	0.0281