2023 PGK to EUR Historical Review

YEARLY HIGH

0.2698 EUR

YEARLY LOW

0.2392 EUR

YEARLY AVERAGE

0.2567 EUR

2023 PGK to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PGK to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.2698. Conversely, the yearly low was recorded on December 30, dropping to 0.2392.

This high-to-low spread represents a total annual volatility of 0.0306 EUR. From a start-to-finish perspective, comparing the January average rate of 0.2631 to the December average rate of 0.2448, the exchange rate registered a net change of -6.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2698 was down 8.81% compared to the 2022 peak of 0.2958, 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 1,349 EUR

2022 Average 1,348 EUR

Yearly Trough Low 1,196 EUR

Transaction Impact: A difference of 152.87 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2670

0.2427

JanuMarcMayJulySeptNove

PGK to EUR 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 0.2618, compared to 0.2517 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0101 points.

H1 Avg (Jan–Jun) 0.2618

H2 Avg (Jul–Dec) 0.2517

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0144 EUR (High: 0.2602 / Low: 0.2458). On the other end, September was the most stable month, with a tight range of 0.0086 EUR (High: 0.2616 / Low: 0.2529).

July Spread (Volatile) ±0.0144

September Spread (Stable) ±0.0086

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 October and November, 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 (January 2023: 0.2631) against the same month in 2022 (average: 0.2507), the exchange rate shifted by +0.0124 (+4.96%).

2023 Avg (January) 0.2631

2022 Avg (January) 0.2507

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2698	0.2600	0.2631
February	0.2690	0.2577	0.2648
March	0.2690	0.2577	0.2650
April	0.2631	0.2534	0.2581
May	0.2647	0.2534	0.2602
June	0.2656	0.2553	0.2596
July	0.2602	0.2458	0.2533
August	0.2609	0.2495	0.2534
September	0.2616	0.2529	0.2570
October	0.2605	0.2508	0.2554
November	0.2544	0.2411	0.2464
December	0.2490	0.2392	0.2448