2023 PGK to ARS Historical Review

YEARLY HIGH

217.4016 ARS

YEARLY LOW

50.1742 ARS

YEARLY AVERAGE

81.3755 ARS

2023 PGK to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PGK to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 217.4016. Conversely, the yearly low was recorded on January 1, dropping to 50.1742.

This high-to-low spread represents a total annual volatility of 167.2274 ARS. From a start-to-finish perspective, comparing the January average rate of 51.6723 to the December average rate of 168.9241, the exchange rate registered a net change of 226.91% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 217.4016 was up 332.01% compared to the 2022 peak of 50.3227, 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 1,087,008 ARS

2022 Average 185,269 ARS

Yearly Trough Low 250,871 ARS

Transaction Impact: A difference of 836,137.23 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

180.6492

39.9471

JanuMarcMayJulySeptNove

PGK to ARS 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 59.9538, compared to 102.7973 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 42.8436 points.

H1 Avg (Jan–Jun) 59.9538

H2 Avg (Jul–Dec) 102.7973

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 121.0356 ARS (High: 217.4016 / Low: 96.3660). On the other end, January was the most stable month, with a tight range of 2.8870 ARS (High: 53.0612 / Low: 50.1742).

December Spread (Volatile) ±121.0356

January Spread (Stable) ±2.8870

Growth Streaks & Declines

Trends

Between January and September, 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 September and October, when the average rate fell by 1.5739 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -1.5739

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 168.9241) against the same month in 2022 (average: 48.8594), the exchange rate shifted by +120.0646 (+245.73%).

2023 Avg (December) 168.9241

2022 Avg (December) 48.8594

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	53.0612	50.1742	51.6723
February	55.9339	52.9814	54.3435
March	59.2016	56.1258	57.5077
April	63.4942	58.9070	61.0328
May	67.4325	63.1650	65.3243
June	72.8698	66.8293	69.8420
July	77.6013	71.9434	74.3994
August	99.2480	76.2412	88.8665
September	98.0049	94.9041	96.0079
October	96.1226	92.9179	94.4341
November	96.5640	92.5766	94.1519
December	217.4016	96.3660	168.9241