YEARLY HIGH
0.5136 ANG
YEARLY LOW
0.4754 ANG
YEARLY AVERAGE
0.5005 ANG

2023 PGK to ANG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PGK to ANG exchange rate experienced significant fluctuation. The market reached its absolute peak on May 5, valuing the pair at 0.5136. Conversely, the yearly low was recorded on November 24, dropping to 0.4754.

This high-to-low spread represents a total annual volatility of 0.0382 ANG. From a start-to-finish perspective, comparing the January average rate of 0.5116 to the December average rate of 0.4823, the exchange rate registered a net change of -5.73% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5136 was down 0.18% compared to the 2022 peak of 0.5145, 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 2,568 ANG
2022 Average 2,555 ANG
Yearly Trough Low 2,377 ANG
Transaction Impact: A difference of 191.23 ANG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5148
0.4767
JanuMarcMayJulySeptNove

PGK to ANG 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 0.5102, compared to 0.4908 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0194 points.

H1 Avg (Jan–Jun) 0.5102
H2 Avg (Jul–Dec) 0.4908

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 0.0196 ANG (High: 0.5119 / Low: 0.4923). On the other end, January was the most stable month, with a tight range of 0.0011 ANG (High: 0.5124 / Low: 0.5112).

August Spread (Volatile) ±0.0196
January Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0085 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0085

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 0.5101) against the same month in 2022 (average: 0.5109), the exchange rate shifted by -0.0008 (-0.16%).

2023 Avg (May) 0.5101
2022 Avg (May) 0.5109

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5124 0.5112 0.5116
February 0.5123 0.5050 0.5108
March 0.5121 0.5048 0.5110
April 0.5124 0.5049 0.5106
May 0.5136 0.5013 0.5101
June 0.5124 0.4996 0.5071
July 0.5121 0.4978 0.5041
August 0.5119 0.4923 0.4982
September 0.5046 0.4887 0.4944
October 0.4940 0.4788 0.4859
November 0.4856 0.4754 0.4799
December 0.4874 0.4769 0.4823