2023 PGK to GMD Historical Review

YEARLY HIGH

18.1766 GMD

YEARLY LOW

16.4869 GMD

YEARLY AVERAGE

17.2919 GMD

2023 PGK to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PGK to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 11, valuing the pair at 18.1766. Conversely, the yearly low was recorded on July 14, dropping to 16.4869.

This high-to-low spread represents a total annual volatility of 1.6897 GMD. From a start-to-finish perspective, comparing the January average rate of 17.6061 to the December average rate of 18.0052, the exchange rate registered a net change of 2.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 18.1766 was up 2.54% compared to the 2022 peak of 17.7270, 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 90,883 GMD

2022 Average 78,530 GMD

Yearly Trough Low 82,435 GMD

Transaction Impact: A difference of 8,448.47 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

18.1355

16.5718

JanuMarcMayJulySeptNove

PGK to GMD 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 17.2588, compared to 17.3249 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0661 points.

H1 Avg (Jan–Jun) 17.2588

H2 Avg (Jul–Dec) 17.3249

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 1.4027 GMD (High: 17.8922 / Low: 16.4894). On the other end, December was the most stable month, with a tight range of 0.3347 GMD (High: 18.1396 / Low: 17.8050).

September Spread (Volatile) ±1.4027

December Spread (Stable) ±0.3347

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.6169 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.6169

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 17.8304) against the same month in 2022 (average: 17.3772), the exchange rate shifted by +0.4531 (+2.61%).

2023 Avg (November) 17.8304

2022 Avg (November) 17.3772

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	17.7486	17.3532	17.6061
February	17.4801	17.1070	17.3136
March	17.6989	17.1304	17.4304
April	17.7502	17.0071	17.5397
May	17.1023	16.5676	16.9228
June	16.9233	16.5110	16.7403
July	16.9503	16.4869	16.7021
August	17.2017	16.5506	16.7483
September	17.8922	16.4894	16.9610
October	17.9132	17.4180	17.7026
November	18.1766	17.3134	17.8304
December	18.1396	17.8050	18.0052