2023 PGK to KZT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 PGK to KZT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the PGK to KZT exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 132.1423. Conversely, the yearly low was recorded on December 12, dropping to 120.9817.
This high-to-low spread represents a total annual volatility of 11.1606 KZT. From a start-to-finish perspective, comparing the January average rate of 131.3006 to the December average rate of 122.7473, the exchange rate registered a net change of -6.51% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 132.1423 was down 11.47% compared to the 2022 peak of 149.2611, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 PGK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
PGK to KZT Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 127.9974, compared to 125.5405 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.4570 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was March, with a trading range of 9.4682 KZT (High: 131.8671 / Low: 122.3989). On the other end, January was the most stable month, with a tight range of 1.6498 KZT (High: 132.1423 / Low: 130.4926).
Growth Streaks & Declines
TrendsBetween July and September, 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 October and November, when the average rate fell by 5.0851 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2023: 131.3006) against the same month in 2022 (average: 123.5662), the exchange rate shifted by +7.7344 (+6.26%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 132.1423 | 130.4926 | 131.3006 |
| February | 131.1788 | 125.2372 | 127.9389 |
| March | 131.8671 | 122.3989 | 128.1260 |
| April | 129.8314 | 125.6481 | 128.0678 |
| May | 128.1514 | 123.8826 | 126.2956 |
| June | 128.2829 | 124.4090 | 126.2557 |
| July | 128.2829 | 122.9862 | 124.6436 |
| August | 131.3012 | 122.3908 | 125.2736 |
| September | 131.9030 | 125.0150 | 128.5786 |
| October | 130.9415 | 124.9785 | 128.5423 |
| November | 126.5123 | 121.1378 | 123.4572 |
| December | 123.7877 | 120.9817 | 122.7473 |