2023 PGK to CAD Historical Review

YEARLY HIGH

0.3963 CAD

YEARLY LOW

0.3508 CAD

YEARLY AVERAGE

0.3750 CAD

2023 PGK to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PGK to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.3963. Conversely, the yearly low was recorded on December 30, dropping to 0.3508.

This high-to-low spread represents a total annual volatility of 0.0456 CAD. From a start-to-finish perspective, comparing the January average rate of 0.3809 to the December average rate of 0.3585, the exchange rate registered a net change of -5.89% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3963 was up 0.49% compared to the 2022 peak of 0.3944, 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 1,982 CAD

2022 Average 1,846 CAD

Yearly Trough Low 1,754 CAD

Transaction Impact: A difference of 227.78 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3921

0.3555

JanuMarcMayJulySeptNove

PGK to CAD 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 0.3819, compared to 0.3682 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0138 points.

H1 Avg (Jan–Jun) 0.3819

H2 Avg (Jul–Dec) 0.3682

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 0.0187 CAD (High: 0.3855 / Low: 0.3668). On the other end, May was the most stable month, with a tight range of 0.0091 CAD (High: 0.3875 / Low: 0.3784).

August Spread (Volatile) ±0.0187

May Spread (Stable) ±0.0091

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 May and June, when the average rate fell by 0.0090 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0090

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.3890) against the same month in 2022 (average: 0.3593), the exchange rate shifted by +0.0298 (+8.28%).

2023 Avg (March) 0.3890

2022 Avg (March) 0.3593

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3880	0.3776	0.3809
February	0.3874	0.3767	0.3814
March	0.3963	0.3837	0.3890
April	0.3888	0.3757	0.3833
May	0.3875	0.3784	0.3830
June	0.3815	0.3683	0.3740
July	0.3777	0.3656	0.3705
August	0.3855	0.3668	0.3728
September	0.3825	0.3654	0.3718
October	0.3752	0.3644	0.3700
November	0.3729	0.3588	0.3654
December	0.3644	0.3508	0.3585