2023 PGK to AZN Historical Review

YEARLY HIGH

0.4892 AZN

YEARLY LOW

0.4487 AZN

YEARLY AVERAGE

0.4723 AZN

2023 PGK to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PGK to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.4892. Conversely, the yearly low was recorded on November 24, dropping to 0.4487.

This high-to-low spread represents a total annual volatility of 0.0405 AZN. From a start-to-finish perspective, comparing the January average rate of 0.4826 to the December average rate of 0.4545, 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 0.4892 was up 0.21% compared to the 2022 peak of 0.4882, 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 2,446 AZN

2022 Average 2,410 AZN

Yearly Trough Low 2,243 AZN

Transaction Impact: A difference of 202.71 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4858

0.4503

JanuMarcMayJulySeptNove

PGK to AZN 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 0.4815, compared to 0.4631 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0183 points.

H1 Avg (Jan–Jun) 0.4815

H2 Avg (Jul–Dec) 0.4631

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 0.0188 AZN (High: 0.4830 / Low: 0.4642). On the other end, January was the most stable month, with a tight range of 0.0020 AZN (High: 0.4841 / Low: 0.4821).

August Spread (Volatile) ±0.0188

January Spread (Stable) ±0.0020

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 0.0078 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0078

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.4828) against the same month in 2022 (average: 0.4828), the exchange rate shifted by -0.0000 (-0.00%).

2023 Avg (March) 0.4828

2022 Avg (March) 0.4828

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4841	0.4821	0.4826
February	0.4830	0.4760	0.4817
March	0.4892	0.4762	0.4828
April	0.4874	0.4761	0.4821
May	0.4831	0.4730	0.4813
June	0.4845	0.4712	0.4785
July	0.4845	0.4698	0.4761
August	0.4830	0.4642	0.4700
September	0.4760	0.4609	0.4665
October	0.4649	0.4513	0.4587
November	0.4608	0.4487	0.4532
December	0.4574	0.4496	0.4545