2023 PGK to SLL Historical Review

YEARLY HIGH

5957.2443 SLL

YEARLY LOW

4882.2147 SLL

YEARLY AVERAGE

5290.7151 SLL

2023 PGK to SLL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PGK to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on July 28, valuing the pair at 5957.2443. Conversely, the yearly low was recorded on July 23, dropping to 4882.2147.

This high-to-low spread represents a total annual volatility of 1075.0296 SLL. From a start-to-finish perspective, comparing the January average rate of 5014.2746 to the December average rate of 5605.7257, the exchange rate registered a net change of 11.80% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 5957.2443 was up 18.05% compared to the 2022 peak of 5046.3513, 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 29,786,222 SLL

2022 Average 19,460,747 SLL

Yearly Trough Low 24,411,073 SLL

Transaction Impact: A difference of 5,375,148.24 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

5879.4844

4889.1442

JanuMarcMayJulySeptNove

PGK to SLL 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 5003.0437, compared to 5578.3866 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 575.3429 points.

H1 Avg (Jan–Jun) 5003.0437

H2 Avg (Jul–Dec) 5578.3866

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 1075.0296 SLL (High: 5957.2443 / Low: 4882.2147). On the other end, January was the most stable month, with a tight range of 21.0683 SLL (High: 5030.2842 / Low: 5009.2159).

July Spread (Volatile) ±1075.0296

January Spread (Stable) ±21.0683

Growth Streaks & Declines

Trends

Between June and August, 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 September and October, when the average rate fell by 96.2711 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -96.2711

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 5066.7429) against the same month in 2022 (average: 3813.2789), the exchange rate shifted by +1253.4640 (+32.87%).

2023 Avg (July) 5066.7429

2022 Avg (July) 3813.2789

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	5030.2842	5009.2159	5014.2746
February	5018.4659	4945.9211	5005.7001
March	5083.7575	4948.3567	5015.8276
April	5064.5301	4947.1109	5009.7161
May	5020.0389	4914.6290	5001.0711
June	5018.4659	4896.2176	4971.6725
July	5957.2443	4882.2147	5066.7429
August	5957.2443	5725.7765	5796.9561
September	5871.7536	5685.4368	5753.8818
October	5734.8353	5566.4185	5657.6107
November	5665.6256	5534.6750	5589.4024
December	5642.2710	5545.6514	5605.7257