2023 PGK to BBD Historical Review

YEARLY HIGH

0.5756 BBD

YEARLY LOW

0.5279 BBD

YEARLY AVERAGE

0.5556 BBD

2023 PGK to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PGK to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.5756. Conversely, the yearly low was recorded on November 24, dropping to 0.5279.

This high-to-low spread represents a total annual volatility of 0.0477 BBD. From a start-to-finish perspective, comparing the January average rate of 0.5677 to the December average rate of 0.5347, 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 0.5756 was up 0.21% compared to the 2022 peak of 0.5744, 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 2,878 BBD

2022 Average 2,835 BBD

Yearly Trough Low 2,639 BBD

Transaction Impact: A difference of 238.48 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5714

0.5296

JanuMarcMayJulySeptNove

PGK to BBD 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 0.5664, compared to 0.5449 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0216 points.

H1 Avg (Jan–Jun) 0.5664

H2 Avg (Jul–Dec) 0.5449

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 0.0221 BBD (High: 0.5682 / Low: 0.5461). On the other end, January was the most stable month, with a tight range of 0.0024 BBD (High: 0.5695 / Low: 0.5671).

August Spread (Volatile) ±0.0221

January Spread (Stable) ±0.0024

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 0.0092 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0092

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.5679) against the same month in 2022 (average: 0.5680), the exchange rate shifted by -0.0001 (-0.02%).

2023 Avg (March) 0.5679

2022 Avg (March) 0.5680

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5695	0.5671	0.5677
February	0.5682	0.5600	0.5667
March	0.5756	0.5602	0.5679
April	0.5734	0.5601	0.5672
May	0.5684	0.5564	0.5662
June	0.5682	0.5543	0.5629
July	0.5682	0.5528	0.5601
August	0.5682	0.5461	0.5529
September	0.5600	0.5423	0.5488
October	0.5470	0.5309	0.5396
November	0.5404	0.5279	0.5331
December	0.5381	0.5289	0.5347