2023 PGK to JPY Historical Review

YEARLY HIGH

41.3903 JPY

YEARLY LOW

36.3338 JPY

YEARLY AVERAGE

38.9951 JPY

2023 PGK to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PGK to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on September 8, valuing the pair at 41.3903. Conversely, the yearly low was recorded on January 13, dropping to 36.3338.

This high-to-low spread represents a total annual volatility of 5.0565 JPY. From a start-to-finish perspective, comparing the January average rate of 36.9511 to the December average rate of 38.4073, the exchange rate registered a net change of 3.94% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 41.3903 was down 2.92% compared to the 2022 peak of 42.6354, 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 206,951 JPY

2022 Average 186,330 JPY

Yearly Trough Low 181,669 JPY

Transaction Impact: A difference of 25,282.41 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

40.9189

36.5904

JanuMarcMayJulySeptNove

PGK to JPY 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 38.1890, compared to 39.8013 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.6124 points.

H1 Avg (Jan–Jun) 38.1890

H2 Avg (Jul–Dec) 39.8013

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 2.7165 JPY (High: 41.0510 / Low: 38.3345). On the other end, October was the most stable month, with a tight range of 1.1639 JPY (High: 40.8948 / Low: 39.7309).

July Spread (Volatile) ±2.7165

October Spread (Stable) ±1.1639

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 1.5231 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.5231

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 40.5582) against the same month in 2022 (average: 40.5956), the exchange rate shifted by -0.0375 (-0.09%).

2023 Avg (September) 40.5582

2022 Avg (September) 40.5956

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	37.8398	36.3338	36.9511
February	38.7713	36.4945	37.7443
March	38.9899	36.7508	37.9329
April	39.1075	36.8576	37.8779
May	39.9588	38.0413	38.8514
June	41.0042	38.6173	39.7761
July	41.0510	38.3345	39.5326
August	41.3111	38.9988	40.0295
September	41.3903	39.9423	40.5582
October	40.8948	39.7309	40.3500
November	40.9396	39.1730	39.9304
December	39.4377	37.2959	38.4073