2023 PGK to STD Historical Review

YEARLY HIGH

6568.4480 STD

YEARLY LOW

5881.0426 STD

YEARLY AVERAGE

6278.1579 STD

2023 PGK to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PGK to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 6568.4480. Conversely, the yearly low was recorded on November 24, dropping to 5881.0426.

This high-to-low spread represents a total annual volatility of 687.4054 STD. From a start-to-finish perspective, comparing the January average rate of 6478.6728 to the December average rate of 5956.5396, the exchange rate registered a net change of -8.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 6568.4480 was down 1.04% compared to the 2022 peak of 6637.4422, 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 32,842,240 STD

2022 Average 31,429,801 STD

Yearly Trough Low 29,405,213 STD

Transaction Impact: A difference of 3,437,027.11 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

6534.8279

5885.0464

JanuMarcMayJulySeptNove

PGK to STD 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 6464.1620, compared to 6092.1538 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 372.0081 points.

H1 Avg (Jan–Jun) 6464.1620

H2 Avg (Jul–Dec) 6092.1538

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 248.9699 STD (High: 6484.0882 / Low: 6235.1183). On the other end, January was the most stable month, with a tight range of 27.2212 STD (High: 6499.3580 / Low: 6472.1368).

July Spread (Volatile) ±248.9699

January Spread (Stable) ±27.2212

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 July and August, when the average rate fell by 212.0739 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -212.0739

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 6480.6794) against the same month in 2022 (average: 6078.8448), the exchange rate shifted by +401.8347 (+6.61%).

2023 Avg (March) 6480.6794

2022 Avg (March) 6078.8448

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	6499.3580	6472.1368	6478.6728
February	6484.0882	6390.3569	6467.5942
March	6568.4480	6393.5039	6480.6794
April	6543.6053	6391.8942	6472.7830
May	6486.1207	6349.9262	6461.6134
June	6484.0882	6326.1378	6423.6290
July	6484.0882	6235.1183	6371.8115
August	6330.0568	6084.1035	6159.7375
September	6239.2160	6041.2392	6113.9676
October	6093.7292	5914.7726	6011.6718
November	6020.1882	5881.0426	5939.1949
December	5995.3720	5892.7059	5956.5396