2023 PGK to KPW Historical Review

YEARLY HIGH

259.0083 KPW

YEARLY LOW

237.5454 KPW

YEARLY AVERAGE

250.0395 KPW

2023 PGK to KPW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PGK to KPW exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 259.0083. Conversely, the yearly low was recorded on November 24, dropping to 237.5454.

This high-to-low spread represents a total annual volatility of 21.4629 KPW. From a start-to-finish perspective, comparing the January average rate of 255.4683 to the December average rate of 240.5948, 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 259.0083 was up 0.21% compared to the 2022 peak of 258.4719, 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 1,295,042 KPW

2022 Average 1,275,862 KPW

Yearly Trough Low 1,187,727 KPW

Transaction Impact: A difference of 107,314.72 KPW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

257.1127

238.3289

JanuMarcMayJulySeptNove

PGK to KPW 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 254.8961, compared to 245.1829 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 9.7132 points.

H1 Avg (Jan–Jun) 254.8961

H2 Avg (Jul–Dec) 245.1829

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 9.9345 KPW (High: 255.6818 / Low: 245.7473). On the other end, January was the most stable month, with a tight range of 1.0734 KPW (High: 256.2839 / Low: 255.2105).

August Spread (Volatile) ±9.9345

January Spread (Stable) ±1.0734

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 4.1319 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -4.1319

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 255.5474) against the same month in 2022 (average: 255.6062), the exchange rate shifted by -0.0588 (-0.02%).

2023 Avg (March) 255.5474

2022 Avg (March) 255.6062

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	256.2839	255.2105	255.4683
February	255.6818	251.9858	255.0314
March	259.0083	252.1099	255.5474
April	258.0287	252.0464	255.2360
May	255.7620	250.3915	254.7956
June	255.6818	249.4535	253.2978
July	255.6818	248.7401	252.0305
August	255.6818	245.7473	248.8023
September	252.0126	244.0160	246.9536
October	246.1361	238.9078	242.8217
November	243.1657	237.5454	239.8942
December	242.1633	238.0165	240.5948