2023 PGK to GTQ Historical Review

YEARLY HIGH

2.2316 GTQ

YEARLY LOW

2.0666 GTQ

YEARLY AVERAGE

2.1752 GTQ

2023 PGK to GTQ Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PGK to GTQ exchange rate experienced significant fluctuation. The market reached its absolute peak on January 23, valuing the pair at 2.2316. Conversely, the yearly low was recorded on November 24, dropping to 2.0666.

This high-to-low spread represents a total annual volatility of 0.1650 GTQ. From a start-to-finish perspective, comparing the January average rate of 2.2277 to the December average rate of 2.0938, the exchange rate registered a net change of -6.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.2316 was down 0.59% compared to the 2022 peak of 2.2447, 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 11,158 GTQ

2022 Average 10,987 GTQ

Yearly Trough Low 10,333 GTQ

Transaction Impact: A difference of 825.11 GTQ purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.2420

2.0708

JanuMarcMayJulySeptNove

PGK to GTQ 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 2.2138, compared to 2.1366 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0772 points.

H1 Avg (Jan–Jun) 2.2138

H2 Avg (Jul–Dec) 2.1366

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 0.0840 GTQ (High: 2.2299 / Low: 2.1459). On the other end, January was the most stable month, with a tight range of 0.0062 GTQ (High: 2.2316 / Low: 2.2254).

August Spread (Volatile) ±0.0840

January Spread (Stable) ±0.0062

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 0.0436 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0436

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 2.2277) against the same month in 2022 (average: 2.1868), the exchange rate shifted by +0.0409 (+1.87%).

2023 Avg (January) 2.2277

2022 Avg (January) 2.1868

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.2316	2.2254	2.2277
February	2.2314	2.1883	2.2194
March	2.2193	2.1845	2.2122
April	2.2168	2.1847	2.2093
May	2.2244	2.1752	2.2090
June	2.2290	2.1706	2.2048
July	2.2308	2.1677	2.1950
August	2.2299	2.1459	2.1719
September	2.2033	2.1338	2.1587
October	2.1542	2.0829	2.1151
November	2.1099	2.0666	2.0850
December	2.1156	2.0693	2.0938