2023 PGK to DJF Historical Review

YEARLY HIGH

50.9847 DJF

YEARLY LOW

46.9358 DJF

YEARLY AVERAGE

49.4061 DJF

2023 PGK to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PGK to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 50.9847. Conversely, the yearly low was recorded on November 24, dropping to 46.9358.

This high-to-low spread represents a total annual volatility of 4.0490 DJF. From a start-to-finish perspective, comparing the January average rate of 50.4545 to the December average rate of 47.6099, the exchange rate registered a net change of -5.64% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 50.9847 was down 0.25% compared to the 2022 peak of 51.1111, 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 254,924 DJF

2022 Average 252,358 DJF

Yearly Trough Low 234,679 DJF

Transaction Impact: A difference of 20,244.77 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

50.7650

47.0387

JanuMarcMayJulySeptNove

PGK to DJF 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 50.3578, compared to 48.4543 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.9035 points.

H1 Avg (Jan–Jun) 50.3578

H2 Avg (Jul–Dec) 48.4543

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 1.9423 DJF (High: 50.5193 / Low: 48.5770). On the other end, January was the most stable month, with a tight range of 0.1940 DJF (High: 50.5287 / Low: 50.3347).

August Spread (Volatile) ±1.9423

January Spread (Stable) ±0.1940

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 0.8593 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.8593

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 50.4352) against the same month in 2022 (average: 50.5467), the exchange rate shifted by -0.1115 (-0.22%).

2023 Avg (February) 50.4352

2022 Avg (February) 50.5467

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	50.5287	50.3347	50.4545
February	50.9847	49.8365	50.4352
March	50.5606	49.8135	50.4426
April	50.5533	49.8312	50.3748
May	50.5478	49.4558	50.3509
June	50.7244	49.3497	50.0890
July	50.5682	49.1507	49.7526
August	50.5193	48.5770	49.1815
September	49.8355	48.2840	48.8460
October	48.8027	47.1737	47.9867
November	47.9461	46.9358	47.3492
December	48.0741	47.0704	47.6099