2023 PGK to BAM Historical Review

YEARLY HIGH

0.5292 BAM

YEARLY LOW

0.4679 BAM

YEARLY AVERAGE

0.5023 BAM

2023 PGK to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PGK to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.5292. Conversely, the yearly low was recorded on December 30, dropping to 0.4679.

This high-to-low spread represents a total annual volatility of 0.0613 BAM. From a start-to-finish perspective, comparing the January average rate of 0.5160 to the December average rate of 0.4790, the exchange rate registered a net change of -7.16% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5292 was down 8.78% compared to the 2022 peak of 0.5801, 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 2,646 BAM

2022 Average 2,637 BAM

Yearly Trough Low 2,339 BAM

Transaction Impact: A difference of 306.62 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5228

0.4750

JanuMarcMayJulySeptNove

PGK to BAM 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 0.5124, compared to 0.4922 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0202 points.

H1 Avg (Jan–Jun) 0.5124

H2 Avg (Jul–Dec) 0.4922

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0295 BAM (High: 0.5110 / Low: 0.4815). On the other end, April was the most stable month, with a tight range of 0.0140 BAM (High: 0.5104 / Low: 0.4965).

July Spread (Volatile) ±0.0295

April Spread (Stable) ±0.0140

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 0.0169 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0169

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.5160) against the same month in 2022 (average: 0.4904), the exchange rate shifted by +0.0255 (+5.20%).

2023 Avg (January) 0.5160

2022 Avg (January) 0.4904

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5292	0.5092	0.5160
February	0.5254	0.5042	0.5174
March	0.5266	0.5075	0.5188
April	0.5104	0.4965	0.5054
May	0.5171	0.5015	0.5091
June	0.5198	0.4988	0.5080
July	0.5110	0.4815	0.4953
August	0.5104	0.4881	0.4954
September	0.5117	0.4926	0.5018
October	0.5095	0.4891	0.4993
November	0.4993	0.4726	0.4824
December	0.4872	0.4679	0.4790