2023 PGK to LBP Historical Review

YEARLY HIGH

4373.0925 LBP

YEARLY LOW

427.9818 LBP

YEARLY AVERAGE

3808.2086 LBP

2023 PGK to LBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PGK to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 6, valuing the pair at 4373.0925. Conversely, the yearly low was recorded on February 2, dropping to 427.9818.

This high-to-low spread represents a total annual volatility of 3945.1108 LBP. From a start-to-finish perspective, comparing the January average rate of 430.2902 to the December average rate of 4023.3665, the exchange rate registered a net change of 835.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 4373.0925 was up 885.87% compared to the 2022 peak of 443.5757, 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 21,865,463 LBP

2022 Average 2,148,611 LBP

Yearly Trough Low 2,139,909 LBP

Transaction Impact: A difference of 19,725,553.84 LBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

4666.1526

45.2118

JanuMarcMayJulySeptNove

PGK to LBP 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 3518.4112, compared to 4098.0061 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 579.5949 points.

H1 Avg (Jan–Jun) 3518.4112

H2 Avg (Jul–Dec) 4098.0061

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 3945.1108 LBP (High: 4373.0925 / Low: 427.9818). On the other end, January was the most stable month, with a tight range of 4.1274 LBP (High: 433.1510 / Low: 429.0236).

February Spread (Volatile) ±3945.1108

January Spread (Stable) ±4.1274

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 78.0857 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -78.0857

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 3591.7548) against the same month in 2022 (average: 430.1758), the exchange rate shifted by +3161.5790 (+734.95%).

2023 Avg (February) 3591.7548

2022 Avg (February) 430.1758

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	433.1510	429.0236	430.2902
February	4373.0925	427.9818	3591.7548
March	4327.8286	4204.5095	4280.4132
April	4328.3688	4205.6873	4281.0742
May	4332.3864	4175.3883	4270.7937
June	4333.8068	4176.0653	4256.1411
July	4330.2557	4145.9677	4218.9369
August	4275.6343	4100.4656	4163.1427
September	4244.8689	4076.7842	4130.5661
October	4117.8472	3980.5863	4052.4804
November	4046.7659	3965.4753	3999.5438
December	4059.1066	3977.1897	4023.3665