2023 PGK to NIO Historical Review

YEARLY HIGH

10.4087 NIO

YEARLY LOW

9.6778 NIO

YEARLY AVERAGE

10.1547 NIO

2023 PGK to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PGK to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on February 13, valuing the pair at 10.4087. Conversely, the yearly low was recorded on November 17, dropping to 9.6778.

This high-to-low spread represents a total annual volatility of 0.7309 NIO. From a start-to-finish perspective, comparing the January average rate of 10.3547 to the December average rate of 9.8024, the exchange rate registered a net change of -5.33% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 10.4087 was down 1.94% compared to the 2022 peak of 10.6143, 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 52,044 NIO

2022 Average 50,850 NIO

Yearly Trough Low 48,389 NIO

Transaction Impact: A difference of 3,654.46 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

10.4241

9.6939

JanuMarcMayJulySeptNove

PGK to NIO 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 10.3414, compared to 9.9680 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3734 points.

H1 Avg (Jan–Jun) 10.3414

H2 Avg (Jul–Dec) 9.9680

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 0.3938 NIO (High: 10.3864 / Low: 9.9925). On the other end, January was the most stable month, with a tight range of 0.0494 NIO (High: 10.3700 / Low: 10.3206).

August Spread (Volatile) ±0.3938

January Spread (Stable) ±0.0494

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.1674 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.1674

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 10.3406) against the same month in 2022 (average: 10.0771), the exchange rate shifted by +0.2635 (+2.62%).

2023 Avg (February) 10.3406

2022 Avg (February) 10.0771

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.3700	10.3206	10.3547
February	10.4087	10.2383	10.3406
March	10.3906	10.2444	10.3632
April	10.3906	10.2458	10.3561
May	10.3835	10.1730	10.3456
June	10.3906	10.1334	10.2881
July	10.3906	10.1018	10.2304
August	10.3864	9.9925	10.1139
September	10.2429	9.9235	10.0369
October	10.0236	9.7256	9.8696
November	9.8729	9.6778	9.7548
December	9.8870	9.6847	9.8024