2023 PGK to AUD Historical Review

YEARLY HIGH

0.4455 AUD

YEARLY LOW

0.3881 AUD

YEARLY AVERAGE

0.4182 AUD

2023 PGK to AUD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PGK to AUD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 18, valuing the pair at 0.4455. Conversely, the yearly low was recorded on December 30, dropping to 0.3881.

This high-to-low spread represents a total annual volatility of 0.0574 AUD. From a start-to-finish perspective, comparing the January average rate of 0.4080 to the December average rate of 0.3989, the exchange rate registered a net change of -2.23% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4455 was down 2.80% compared to the 2022 peak of 0.4583, 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 2,227 AUD

2022 Average 2,045 AUD

Yearly Trough Low 1,940 AUD

Transaction Impact: A difference of 287.12 AUD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4301

0.3960

JanuMarcMayJulySeptNove

PGK to AUD 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 0.4190, compared to 0.4174 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0016 points.

H1 Avg (Jan–Jun) 0.4190

H2 Avg (Jul–Dec) 0.4174

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 0.0277 AUD (High: 0.4455 / Low: 0.4178). On the other end, October was the most stable month, with a tight range of 0.0146 AUD (High: 0.4324 / Low: 0.4177).

August Spread (Volatile) ±0.0277

October Spread (Stable) ±0.0146

Growth Streaks & Declines

Trends

Between January and March, 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 October and November, when the average rate fell by 0.0150 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0150

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 0.4267) against the same month in 2022 (average: 0.4084), the exchange rate shifted by +0.0183 (+4.48%).

2023 Avg (August) 0.4267

2022 Avg (August) 0.4084

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4219	0.3967	0.4080
February	0.4224	0.3970	0.4115
March	0.4337	0.4183	0.4250
April	0.4337	0.4127	0.4242
May	0.4359	0.4184	0.4263
June	0.4291	0.4067	0.4189
July	0.4273	0.4041	0.4162
August	0.4455	0.4178	0.4267
September	0.4386	0.4211	0.4273
October	0.4324	0.4177	0.4251
November	0.4248	0.4002	0.4101
December	0.4090	0.3881	0.3989