2023 PGK to SEK Historical Review

YEARLY HIGH

3.1158 SEK

YEARLY LOW

2.6639 SEK

YEARLY AVERAGE

2.9478 SEK

2023 PGK to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PGK to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 8, valuing the pair at 3.1158. Conversely, the yearly low was recorded on December 30, dropping to 2.6639.

This high-to-low spread represents a total annual volatility of 0.4519 SEK. From a start-to-finish perspective, comparing the January average rate of 2.9494 to the December average rate of 2.7383, the exchange rate registered a net change of -7.16% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 3.1158 was down 3.46% compared to the 2022 peak of 3.2273, 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 15,579 SEK

2022 Average 14,346 SEK

Yearly Trough Low 13,319 SEK

Transaction Impact: A difference of 2,259.52 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

3.0742

2.7078

JanuMarcMayJulySeptNove

PGK to SEK 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 2.9712, compared to 2.9244 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0468 points.

H1 Avg (Jan–Jun) 2.9712

H2 Avg (Jul–Dec) 2.9244

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.2627 SEK (High: 3.0777 / Low: 2.8149). On the other end, April was the most stable month, with a tight range of 0.0970 SEK (High: 2.9873 / Low: 2.8904).

July Spread (Volatile) ±0.2627

April Spread (Stable) ±0.0970

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.1280 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1280

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 3.0437) against the same month in 2022 (average: 3.0872), the exchange rate shifted by -0.0436 (-1.41%).

2023 Avg (September) 3.0437

2022 Avg (September) 3.0872

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	3.0334	2.8955	2.9494
February	3.0136	2.9045	2.9631
March	3.0620	2.8858	2.9842
April	2.9873	2.8904	2.9345
May	3.0718	2.8827	2.9672
June	3.1012	2.9674	3.0289
July	3.0777	2.8149	2.9485
August	3.1150	2.9116	2.9951
September	3.1158	2.9825	3.0437
October	3.0218	2.9106	2.9744
November	3.0051	2.7557	2.8464
December	2.8116	2.6639	2.7383