2023 PGK to SRD Historical Review

YEARLY HIGH

10.9168 SRD

YEARLY LOW

8.9497 SRD

YEARLY AVERAGE

10.1581 SRD

2023 PGK to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PGK to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 28, valuing the pair at 10.9168. Conversely, the yearly low was recorded on January 8, dropping to 8.9497.

This high-to-low spread represents a total annual volatility of 1.9671 SRD. From a start-to-finish perspective, comparing the January average rate of 9.0310 to the December average rate of 9.9885, the exchange rate registered a net change of 10.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 10.9168 was up 20.28% compared to the 2022 peak of 9.0765, 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 54,584 SRD

2022 Average 34,358 SRD

Yearly Trough Low 44,748 SRD

Transaction Impact: A difference of 9,835.51 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

10.8003

8.8702

JanuMarcMayJulySeptNove

PGK to SRD 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 9.9603, compared to 10.3559 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3956 points.

H1 Avg (Jan–Jun) 9.9603

H2 Avg (Jul–Dec) 10.3559

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.7398 SRD (High: 10.2550 / Low: 9.5152). On the other end, January was the most stable month, with a tight range of 0.2501 SRD (High: 9.1998 / Low: 8.9497).

March Spread (Volatile) ±0.7398

January Spread (Stable) ±0.2501

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.2163 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.2163

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 10.6395) against the same month in 2022 (average: 6.4536), the exchange rate shifted by +4.1859 (+64.86%).

2023 Avg (July) 10.6395

2022 Avg (July) 6.4536

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	9.1998	8.9497	9.0310
February	9.6168	9.0780	9.2966
March	10.2550	9.5152	9.8220
April	10.6939	10.0128	10.4298
May	10.7447	10.3780	10.5718
June	10.8101	10.3453	10.6106
July	10.9168	10.2701	10.6395
August	10.8524	10.4265	10.5804
September	10.7688	10.3978	10.5092
October	10.4806	10.0943	10.2929
November	10.2678	9.9769	10.1248
December	10.1506	9.7178	9.9885