YEARLY HIGH
0.5180 AWG
YEARLY LOW
0.4677 AWG
YEARLY AVERAGE
0.5003 AWG

2023 PGK to AWG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PGK to AWG exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.5180. Conversely, the yearly low was recorded on November 23, dropping to 0.4677.

This high-to-low spread represents a total annual volatility of 0.0503 AWG. From a start-to-finish perspective, comparing the January average rate of 0.5113 to the December average rate of 0.4815, the exchange rate registered a net change of -5.82% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5180 was up 0.09% compared to the 2022 peak of 0.5175, 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 2,590 AWG
2022 Average 2,552 AWG
Yearly Trough Low 2,339 AWG
Transaction Impact: A difference of 251.41 AWG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5146
0.4757
JanuMarcMayJulySeptNove

PGK to AWG 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 0.5101, compared to 0.4905 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0196 points.

H1 Avg (Jan–Jun) 0.5101
H2 Avg (Jul–Dec) 0.4905

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 0.0199 AWG (High: 0.5114 / Low: 0.4915). On the other end, January was the most stable month, with a tight range of 0.0021 AWG (High: 0.5126 / Low: 0.5104).

August Spread (Volatile) ±0.0199
January Spread (Stable) ±0.0021

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 0.0082 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0082

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.5113) against the same month in 2022 (average: 0.5113), the exchange rate shifted by +0.0001 (+0.01%).

2023 Avg (March) 0.5113
2022 Avg (March) 0.5113

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5126 0.5104 0.5113
February 0.5117 0.5045 0.5103
March 0.5180 0.5042 0.5113
April 0.5161 0.5041 0.5108
May 0.5121 0.5008 0.5100
June 0.5121 0.4996 0.5070
July 0.5121 0.4982 0.5046
August 0.5114 0.4915 0.4979
September 0.5041 0.4876 0.4941
October 0.4930 0.4782 0.4859
November 0.4870 0.4677 0.4790
December 0.4843 0.4760 0.4815