2023 PGK to JOD Historical Review

YEARLY HIGH

0.2043 JOD

YEARLY LOW

0.1872 JOD

YEARLY AVERAGE

0.1970 JOD

2023 PGK to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PGK to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.2043. Conversely, the yearly low was recorded on November 24, dropping to 0.1872.

This high-to-low spread represents a total annual volatility of 0.0171 JOD. From a start-to-finish perspective, comparing the January average rate of 0.2014 to the December average rate of 0.1897, the exchange rate registered a net change of -5.82% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2043 was up 0.29% compared to the 2022 peak of 0.2037, 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 1,021 JOD

2022 Average 1,005 JOD

Yearly Trough Low 936 JOD

Transaction Impact: A difference of 85.44 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2027

0.1878

JanuMarcMayJulySeptNove

PGK to JOD 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 0.2009, compared to 0.1932 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0078 points.

H1 Avg (Jan–Jun) 0.2009

H2 Avg (Jul–Dec) 0.1932

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 0.0078 JOD (High: 0.2011 / Low: 0.1933). On the other end, January was the most stable month, with a tight range of 0.0008 JOD (High: 0.2020 / Low: 0.2011).

August Spread (Volatile) ±0.0078

January Spread (Stable) ±0.0008

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 0.0030 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0030

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.2015) against the same month in 2022 (average: 0.2014), the exchange rate shifted by +0.0001 (+0.04%).

2023 Avg (March) 0.2015

2022 Avg (March) 0.2014

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2020	0.2011	0.2014
February	0.2017	0.1986	0.2010
March	0.2043	0.1987	0.2015
April	0.2034	0.1987	0.2012
May	0.2016	0.1974	0.2009
June	0.2016	0.1966	0.1997
July	0.2016	0.1960	0.1986
August	0.2011	0.1933	0.1957
September	0.1983	0.1923	0.1944
October	0.1941	0.1883	0.1914
November	0.1916	0.1872	0.1891
December	0.1909	0.1877	0.1897