2023 PGK to SDG Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 PGK to SDG Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the PGK to SDG exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 171.8758. Conversely, the yearly low was recorded on November 20, dropping to 146.6583.
This high-to-low spread represents a total annual volatility of 25.2175 SDG. From a start-to-finish perspective, comparing the January average rate of 163.7408 to the December average rate of 160.6639, the exchange rate registered a net change of -1.88% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 171.8758 was up 3.45% compared to the 2022 peak of 166.1400, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 PGK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
PGK to SDG Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 167.6301, compared to 163.6478 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.9823 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was November, with a trading range of 15.3171 SDG (High: 161.9754 / Low: 146.6583). On the other end, February was the most stable month, with a tight range of 2.7661 SDG (High: 167.2569 / Low: 164.4907).
Growth Streaks & Declines
TrendsBetween January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 2.8537 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2023: 169.5565) against the same month in 2022 (average: 127.0598), the exchange rate shifted by +42.4967 (+33.45%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 165.6523 | 161.4225 | 163.7408 |
| February | 167.2569 | 164.4907 | 165.9371 |
| March | 170.8016 | 159.3506 | 167.4481 |
| April | 171.8758 | 162.5395 | 169.5565 |
| May | 170.5966 | 167.0768 | 169.8906 |
| June | 170.8807 | 166.5795 | 169.2075 |
| July | 170.8807 | 166.0441 | 168.3208 |
| August | 170.7386 | 164.2411 | 166.2379 |
| September | 168.3459 | 163.0840 | 164.9831 |
| October | 164.5010 | 159.5372 | 162.1294 |
| November | 161.9754 | 146.6583 | 159.5518 |
| December | 161.7113 | 158.9421 | 160.6639 |