2023 PGK to LAK Historical Review

YEARLY HIGH

5603.8191 LAK

YEARLY LOW

4722.1820 LAK

YEARLY AVERAGE

5182.1572 LAK

2023 PGK to LAK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PGK to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 16, valuing the pair at 5603.8191. Conversely, the yearly low was recorded on February 21, dropping to 4722.1820.

This high-to-low spread represents a total annual volatility of 881.6372 LAK. From a start-to-finish perspective, comparing the January average rate of 4822.5505 to the December average rate of 5521.5602, the exchange rate registered a net change of 14.49% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 5603.8191 was up 6.91% compared to the 2022 peak of 5241.4773, 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 28,019,096 LAK

2022 Average 20,244,918 LAK

Yearly Trough Low 23,610,910 LAK

Transaction Impact: A difference of 4,408,185.77 LAK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

5634.6440

4704.2330

JanuMarcMayJulySeptNove

PGK to LAK 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 4899.9907, compared to 5464.3236 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 564.3328 points.

H1 Avg (Jan–Jun) 4899.9907

H2 Avg (Jul–Dec) 5464.3236

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 394.5181 LAK (High: 5328.1250 / Low: 4933.6069). On the other end, March was the most stable month, with a tight range of 98.6576 LAK (High: 4830.9659 / Low: 4732.3083).

June Spread (Volatile) ±394.5181

March Spread (Stable) ±98.6576

Growth Streaks & Declines

Trends

Between February and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 42.0926 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -42.0926

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 5557.1097) against the same month in 2022 (average: 4792.1319), the exchange rate shifted by +764.9778 (+15.96%).

2023 Avg (October) 5557.1097

2022 Avg (October) 4792.1319

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	4922.3902	4778.7955	4822.5505
February	4823.1497	4722.1820	4781.7673
March	4830.9659	4732.3083	4791.6217
April	4919.1489	4762.2768	4862.1566
May	5021.3068	4909.5888	4968.9108
June	5328.1250	4933.6069	5172.9375
July	5446.9263	5272.1005	5350.3993
August	5471.5909	5257.9739	5374.6092
September	5582.1306	5377.9507	5467.2460
October	5603.8191	5497.1858	5557.1097
November	5587.9058	5464.8631	5515.0171
December	5560.9402	5441.6768	5521.5602