2023 PGK to SVC Historical Review

YEARLY HIGH

2.4877 SVC

YEARLY LOW

2.3079 SVC

YEARLY AVERAGE

2.4298 SVC

2023 PGK to SVC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PGK to SVC exchange rate experienced significant fluctuation. The market reached its absolute peak on June 6, valuing the pair at 2.4877. Conversely, the yearly low was recorded on November 24, dropping to 2.3079.

This high-to-low spread represents a total annual volatility of 0.1798 SVC. From a start-to-finish perspective, comparing the January average rate of 2.4838 to the December average rate of 2.3415, the exchange rate registered a net change of -5.73% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.4877 was down 0.41% compared to the 2022 peak of 2.4979, 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 12,439 SVC

2022 Average 12,405 SVC

Yearly Trough Low 11,540 SVC

Transaction Impact: A difference of 898.95 SVC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.4992

2.3140

JanuMarcMayJulySeptNove

PGK to SVC 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 2.4769, compared to 2.3828 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0941 points.

H1 Avg (Jan–Jun) 2.4769

H2 Avg (Jul–Dec) 2.3828

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 0.0954 SVC (High: 2.4853 / Low: 2.3899). On the other end, January was the most stable month, with a tight range of 0.0052 SVC (High: 2.4874 / Low: 2.4822).

August Spread (Volatile) ±0.0954

January Spread (Stable) ±0.0052

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 September and October, when the average rate fell by 0.0414 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0414

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 2.4622) against the same month in 2022 (average: 2.4659), the exchange rate shifted by -0.0037 (-0.15%).

2023 Avg (June) 2.4622

2022 Avg (June) 2.4659

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.4874	2.4822	2.4838
February	2.4872	2.4516	2.4797
March	2.4863	2.4509	2.4807
April	2.4877	2.4515	2.4788
May	2.4858	2.4337	2.4760
June	2.4877	2.4256	2.4622
July	2.4861	2.4168	2.4474
August	2.4853	2.3899	2.4188
September	2.4497	2.3728	2.4004
October	2.3981	2.3245	2.3590
November	2.3576	2.3079	2.3295
December	2.3664	2.3154	2.3415