2023 PGK to IDR Historical Review

YEARLY HIGH

4435.4334 IDR

YEARLY LOW

4065.7379 IDR

YEARLY AVERAGE

4232.8698 IDR

2023 PGK to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PGK to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 4435.4334. Conversely, the yearly low was recorded on December 13, dropping to 4065.7379.

This high-to-low spread represents a total annual volatility of 369.6955 IDR. From a start-to-finish perspective, comparing the January average rate of 4326.7482 to the December average rate of 4139.0378, the exchange rate registered a net change of -4.34% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 4435.4334 was down 1.48% compared to the 2022 peak of 4502.0410, 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 22,177,167 IDR

2022 Average 21,052,470 IDR

Yearly Trough Low 20,328,689 IDR

Transaction Impact: A difference of 1,848,477.51 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

4364.0584

4118.5814

JanuMarcMayJulySeptNove

PGK to IDR 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 4265.8259, compared to 4199.9138 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 65.9121 points.

H1 Avg (Jan–Jun) 4265.8259

H2 Avg (Jul–Dec) 4199.9138

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 200.5462 IDR (High: 4283.5332 / Low: 4082.9870). On the other end, October was the most stable month, with a tight range of 70.8763 IDR (High: 4285.3251 / Low: 4214.4488).

November Spread (Volatile) ±200.5462

October Spread (Stable) ±70.8763

Growth Streaks & Declines

Trends

Between May and August, 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 March and April, when the average rate fell by 126.0473 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -126.0473

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 4326.7482) against the same month in 2022 (average: 4067.9906), the exchange rate shifted by +258.7576 (+6.36%).

2023 Avg (January) 4326.7482

2022 Avg (January) 4067.9906

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	4435.4334	4238.6219	4326.7482
February	4336.6903	4225.6499	4297.4342
March	4424.4375	4252.4574	4343.6020
April	4262.7773	4143.7937	4217.5547
May	4263.6648	4165.0384	4203.0005
June	4274.2330	4130.3677	4206.6158
July	4307.3011	4142.1382	4217.1326
August	4352.5568	4153.6242	4220.3673
September	4307.0914	4158.3585	4218.9002
October	4285.3251	4214.4488	4251.8189
November	4283.5332	4082.9870	4152.2260
December	4195.6140	4065.7379	4139.0378