2023 PGK to BRL Historical Review

YEARLY HIGH

1.5548 BRL

YEARLY LOW

1.2833 BRL

YEARLY AVERAGE

1.3880 BRL

2023 PGK to BRL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PGK to BRL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 1.5548. Conversely, the yearly low was recorded on December 30, dropping to 1.2833.

This high-to-low spread represents a total annual volatility of 0.2715 BRL. From a start-to-finish perspective, comparing the January average rate of 1.4727 to the December average rate of 1.3091, the exchange rate registered a net change of -11.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.5548 was down 3.46% compared to the 2022 peak of 1.6105, 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 7,774 BRL

2022 Average 7,320 BRL

Yearly Trough Low 6,417 BRL

Transaction Impact: A difference of 1,357.43 BRL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.4970

1.2889

JanuMarcMayJulySeptNove

PGK to BRL 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 1.4361, compared to 1.3399 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0963 points.

H1 Avg (Jan–Jun) 1.4361

H2 Avg (Jul–Dec) 1.3399

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.1182 BRL (High: 1.5548 / Low: 1.4366). On the other end, December was the most stable month, with a tight range of 0.0452 BRL (High: 1.3285 / Low: 1.2833).

January Spread (Volatile) ±0.1182

December Spread (Stable) ±0.0452

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0597 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0597

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 1.4727) against the same month in 2022 (average: 1.5675), the exchange rate shifted by -0.0949 (-6.05%).

2023 Avg (January) 1.4727

2022 Avg (January) 1.5675

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.5548	1.4366	1.4727
February	1.5018	1.4330	1.4677
March	1.5193	1.4384	1.4797
April	1.4428	1.3814	1.4223
May	1.4313	1.3850	1.4088
June	1.4089	1.3351	1.3657
July	1.3842	1.3201	1.3438
August	1.4120	1.3226	1.3569
September	1.3963	1.3283	1.3571
October	1.4130	1.3264	1.3660
November	1.3342	1.2866	1.3063
December	1.3285	1.2833	1.3091