2023 PGK to LRD Historical Review

YEARLY HIGH

52.9119 LRD

YEARLY LOW

43.0788 LRD

YEARLY AVERAGE

48.4410 LRD

2023 PGK to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PGK to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 18, valuing the pair at 52.9119. Conversely, the yearly low was recorded on March 22, dropping to 43.0788.

This high-to-low spread represents a total annual volatility of 9.8331 LRD. From a start-to-finish perspective, comparing the January average rate of 44.1040 to the December average rate of 50.3191, the exchange rate registered a net change of 14.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 52.9119 was up 19.64% compared to the 2022 peak of 44.2274, 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 264,560 LRD

2022 Average 216,707 LRD

Yearly Trough Low 215,394 LRD

Transaction Impact: A difference of 49,165.66 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

52.2450

43.3639

JanuMarcMayJulySeptNove

PGK to LRD 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 46.0681, compared to 50.8138 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.7457 points.

H1 Avg (Jan–Jun) 46.0681

H2 Avg (Jul–Dec) 50.8138

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 4.1844 LRD (High: 51.1648 / Low: 46.9804). On the other end, January was the most stable month, with a tight range of 0.8924 LRD (High: 44.5313 / Low: 43.6389).

June Spread (Volatile) ±4.1844

January Spread (Stable) ±0.8924

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.7112 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.7112

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 51.5049) against the same month in 2022 (average: 43.5908), the exchange rate shifted by +7.9141 (+18.16%).

2023 Avg (August) 51.5049

2022 Avg (August) 43.5908

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	44.5313	43.6389	44.1040
February	45.1112	43.3089	44.3369
March	46.3481	43.0788	45.2855
April	47.3769	45.4384	46.2602
May	47.7131	46.7287	47.2736
June	51.1648	46.9804	49.1486
July	52.6704	50.1291	51.4461
August	52.9119	50.7874	51.5049
September	52.1526	50.5384	51.1323
October	51.0733	49.6397	50.4211
November	50.7001	49.6470	50.0595
December	50.7130	49.6334	50.3191