2023 PGK to NPR Historical Review

YEARLY HIGH

37.7795 NPR

YEARLY LOW

35.1604 NPR

YEARLY AVERAGE

36.6889 NPR

2023 PGK to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PGK to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 18, valuing the pair at 37.7795. Conversely, the yearly low was recorded on December 18, dropping to 35.1604.

This high-to-low spread represents a total annual volatility of 2.6191 NPR. From a start-to-finish perspective, comparing the January average rate of 37.1618 to the December average rate of 35.6384, the exchange rate registered a net change of -4.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 37.7795 was up 0.21% compared to the 2022 peak of 37.7015, 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 188,898 NPR

2022 Average 178,228 NPR

Yearly Trough Low 175,802 NPR

Transaction Impact: A difference of 13,095.35 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

37.6434

35.2844

JanuMarcMayJulySeptNove

PGK to NPR 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 37.2329, compared to 36.1449 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.0880 points.

H1 Avg (Jan–Jun) 37.2329

H2 Avg (Jul–Dec) 36.1449

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 1.6563 NPR (High: 37.7795 / Low: 36.1232). On the other end, April was the most stable month, with a tight range of 0.5397 NPR (High: 37.3822 / Low: 36.8425).

August Spread (Volatile) ±1.6563

April Spread (Stable) ±0.5397

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 0.5486 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.5486

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 36.6278) against the same month in 2022 (average: 36.1303), the exchange rate shifted by +0.4975 (+1.38%).

2023 Avg (August) 36.6278

2022 Avg (August) 36.1303

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	37.6504	36.8444	37.1618
February	37.6494	37.0868	37.4468
March	37.6029	37.0224	37.3478
April	37.3822	36.8425	37.1597
May	37.5453	36.7625	37.2715
June	37.5774	36.4877	37.0100
July	37.6226	36.2351	36.7853
August	37.7795	36.1232	36.6278
September	37.2025	35.9730	36.4429
October	36.4160	35.3227	35.8943
November	35.8999	35.1817	35.4810
December	35.9978	35.1604	35.6384