2023 PGK to GYD Historical Review

YEARLY HIGH

60.6319 GYD

YEARLY LOW

55.1846 GYD

YEARLY AVERAGE

58.3874 GYD

2023 PGK to GYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PGK to GYD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 60.6319. Conversely, the yearly low was recorded on November 24, dropping to 55.1846.

This high-to-low spread represents a total annual volatility of 5.4473 GYD. From a start-to-finish perspective, comparing the January average rate of 59.5230 to the December average rate of 56.0021, the exchange rate registered a net change of -5.92% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 60.6319 was up 1.51% compared to the 2022 peak of 59.7279, 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 303,159 GYD

2022 Average 296,612 GYD

Yearly Trough Low 275,923 GYD

Transaction Impact: A difference of 27,236.57 GYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

60.3627

55.3184

JanuMarcMayJulySeptNove

PGK to GYD 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 59.7416, compared to 57.0332 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.7084 points.

H1 Avg (Jan–Jun) 59.7416

H2 Avg (Jul–Dec) 57.0332

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 2.2706 GYD (High: 59.4273 / Low: 57.1567). On the other end, January was the most stable month, with a tight range of 0.6106 GYD (High: 59.9574 / Low: 59.3468).

August Spread (Volatile) ±2.2706

January Spread (Stable) ±0.6106

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.9675 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.9675

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 59.9423) against the same month in 2022 (average: 59.4948), the exchange rate shifted by +0.4475 (+0.75%).

2023 Avg (April) 59.9423

2022 Avg (April) 59.4948

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	59.9574	59.3468	59.5230
February	59.9789	59.1211	59.7980
March	59.9601	59.1040	59.8235
April	60.6319	59.2577	59.9423
May	60.0795	58.8323	59.8475
June	60.1292	58.6332	59.5155
July	60.0903	57.8351	58.7598
August	59.4273	57.1567	57.8632
September	58.5742	56.7338	57.4015
October	57.3397	55.5870	56.4341
November	56.4187	55.1846	55.7388
December	56.5817	55.3613	56.0021