2023 PGK to BTN Historical Review

YEARLY HIGH

23.6121 BTN

YEARLY LOW

21.9753 BTN

YEARLY AVERAGE

22.9307 BTN

2023 PGK to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PGK to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 18, valuing the pair at 23.6121. Conversely, the yearly low was recorded on December 18, dropping to 21.9753.

This high-to-low spread represents a total annual volatility of 1.6368 BTN. From a start-to-finish perspective, comparing the January average rate of 23.2259 to the December average rate of 22.2743, the exchange rate registered a net change of -4.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 23.6121 was up 0.18% compared to the 2022 peak of 23.5691, 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 118,061 BTN

2022 Average 111,399 BTN

Yearly Trough Low 109,877 BTN

Transaction Impact: A difference of 8,184.12 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

23.5272

22.0526

JanuMarcMayJulySeptNove

PGK to BTN 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 23.2706, compared to 22.5907 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6800 points.

H1 Avg (Jan–Jun) 23.2706

H2 Avg (Jul–Dec) 22.5907

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 1.0355 BTN (High: 23.6121 / Low: 22.5767). On the other end, April was the most stable month, with a tight range of 0.3371 BTN (High: 23.3639 / Low: 23.0267).

August Spread (Volatile) ±1.0355

April Spread (Stable) ±0.3371

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 0.3426 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.3426

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 22.8925) against the same month in 2022 (average: 22.5814), the exchange rate shifted by +0.3112 (+1.38%).

2023 Avg (August) 22.8925

2022 Avg (August) 22.5814

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	23.5321	23.0278	23.2259
February	23.5309	23.1792	23.4044
March	23.5005	23.1388	23.3424
April	23.3639	23.0267	23.2246
May	23.4698	22.9766	23.2953
June	23.4859	22.8048	23.1312
July	23.5140	22.6470	22.9910
August	23.6121	22.5767	22.8925
September	23.2513	22.4831	22.7767
October	22.7599	22.0765	22.4341
November	22.4374	21.9886	22.1755
December	22.4989	21.9753	22.2743