2023 PGK to CDF Historical Review

YEARLY HIGH

748.7503 CDF

YEARLY LOW

572.9855 CDF

YEARLY AVERAGE

647.4712 CDF

2023 PGK to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PGK to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 748.7503. Conversely, the yearly low was recorded on April 3, dropping to 572.9855.

This high-to-low spread represents a total annual volatility of 175.7648 CDF. From a start-to-finish perspective, comparing the January average rate of 581.5385 to the December average rate of 727.8020, the exchange rate registered a net change of 25.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 748.7503 was up 27.66% compared to the 2022 peak of 586.5143, 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 3,743,751 CDF

2022 Average 2,863,229 CDF

Yearly Trough Low 2,864,927 CDF

Transaction Impact: A difference of 878,823.93 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

742.4283

566.9122

JanuMarcMayJulySeptNove

PGK to CDF 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 604.5315, compared to 690.4110 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 85.8794 points.

H1 Avg (Jan–Jun) 604.5315

H2 Avg (Jul–Dec) 690.4110

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 84.3971 CDF (High: 663.3523 / Low: 578.9552). On the other end, March was the most stable month, with a tight range of 11.2536 CDF (High: 591.7237 / Low: 580.4700).

May Spread (Volatile) ±84.3971

March Spread (Stable) ±11.2536

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 6.8586 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -6.8586

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 727.8020) against the same month in 2022 (average: 580.0929), the exchange rate shifted by +147.7091 (+25.46%).

2023 Avg (December) 727.8020

2022 Avg (December) 580.0929

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	587.3945	575.0355	581.5385
February	590.3166	578.1709	584.4451
March	591.7237	580.4700	587.1755
April	621.9378	572.9855	590.2502
May	663.3523	578.9552	619.5119
June	684.6591	645.8074	664.2679
July	710.5904	679.0756	691.3914
August	696.0227	671.8752	684.5328
September	700.5484	670.9155	681.5281
October	694.2092	663.8922	679.3573
November	720.6769	656.3630	677.8541
December	748.7503	715.0700	727.8020