2023 PGK to BZD Historical Review

YEARLY HIGH

0.5731 BZD

YEARLY LOW

0.5317 BZD

YEARLY AVERAGE

0.5597 BZD

2023 PGK to BZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PGK to BZD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 14, valuing the pair at 0.5731. Conversely, the yearly low was recorded on November 24, dropping to 0.5317.

This high-to-low spread represents a total annual volatility of 0.0414 BZD. From a start-to-finish perspective, comparing the January average rate of 0.5722 to the December average rate of 0.5394, the exchange rate registered a net change of -5.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5731 was down 0.42% compared to the 2022 peak of 0.5755, 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 2,865 BZD

2022 Average 2,857 BZD

Yearly Trough Low 2,658 BZD

Transaction Impact: A difference of 206.90 BZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5757

0.5331

JanuMarcMayJulySeptNove

PGK to BZD 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 0.5705, compared to 0.5489 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) 0.5705

H2 Avg (Jul–Dec) 0.5489

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 0.0219 BZD (High: 0.5726 / Low: 0.5506). On the other end, January was the most stable month, with a tight range of 0.0012 BZD (High: 0.5730 / Low: 0.5718).

August Spread (Volatile) ±0.0219

January Spread (Stable) ±0.0012

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 0.0095 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0095

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.5711) against the same month in 2022 (average: 0.5732), the exchange rate shifted by -0.0021 (-0.37%).

2023 Avg (April) 0.5711

2022 Avg (April) 0.5732

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5730	0.5718	0.5722
February	0.5730	0.5648	0.5712
March	0.5728	0.5616	0.5709
April	0.5731	0.5648	0.5711
May	0.5726	0.5607	0.5704
June	0.5730	0.5588	0.5672
July	0.5727	0.5568	0.5638
August	0.5726	0.5506	0.5572
September	0.5643	0.5466	0.5530
October	0.5524	0.5355	0.5434
November	0.5432	0.5317	0.5366
December	0.5452	0.5334	0.5394