YEARLY HIGH
132.1423 KZT
YEARLY LOW
120.9817 KZT
YEARLY AVERAGE
126.7689 KZT

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 PGK based on timing:

Yearly Peak High 660,712 KZT
2022 Average 654,503 KZT
Yearly Trough Low 604,909 KZT
Transaction Impact: A difference of 55,803.00 KZT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

132.1560
121.8920
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 127.9974
H2 Avg (Jul–Dec) 125.5405

Volatility Range Comparison

Volatility

The 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).

March Spread (Volatile) ±9.4682
January Spread (Stable) ±1.6498

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 2 Mo.
Sharpest MoM Drop -5.0851

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2023 Avg (January) 131.3006
2022 Avg (January) 123.5662

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