YEARLY HIGH
31.6148 ALL
YEARLY LOW
24.7344 ALL
YEARLY AVERAGE
27.9763 ALL

2023 PGK to ALL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PGK to ALL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 31.6148. Conversely, the yearly low was recorded on November 30, dropping to 24.7344.

This high-to-low spread represents a total annual volatility of 6.8804 ALL. From a start-to-finish perspective, comparing the January average rate of 30.6376 to the December average rate of 25.1739, the exchange rate registered a net change of -17.83% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 31.6148 was down 7.82% compared to the 2022 peak of 34.2949, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 158,074 ALL
2022 Average 160,263 ALL
Yearly Trough Low 123,672 ALL
Transaction Impact: A difference of 34,401.80 ALL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

31.1840
24.6275
JanuMarcMayJulySeptNove

PGK to ALL 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 29.5810, compared to 26.3716 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.2094 points.

H1 Avg (Jan–Jun) 29.5810
H2 Avg (Jul–Dec) 26.3716

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 2.7061 ALL (High: 27.8054 / Low: 25.0993). On the other end, December was the most stable month, with a tight range of 0.7483 ALL (High: 25.5309 / Low: 24.7825).

July Spread (Volatile) ±2.7061
December Spread (Stable) ±0.7483

Growth Streaks & Declines

Trends

Between July and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 1.6935 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.6935

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 30.6376) against the same month in 2022 (average: 30.4285), the exchange rate shifted by +0.2091 (+0.69%).

2023 Avg (January) 30.6376
2022 Avg (January) 30.4285

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 31.6148 30.3337 30.6376
February 30.9180 30.1616 30.6192
March 30.8413 29.6307 30.3537
April 29.6307 28.5280 29.0455
May 29.6695 28.5640 28.9560
June 28.8706 27.2772 27.8740
July 27.8054 25.0993 26.1805
August 27.9590 25.7601 26.7816
September 28.1974 27.0039 27.4692
October 27.6247 26.4819 27.0148
November 26.9207 24.7344 25.6095
December 25.5309 24.7825 25.1739