YEARLY HIGH
11.3478 UYU
YEARLY LOW
10.2653 UYU
YEARLY AVERAGE
10.7848 UYU

2023 PGK to UYU Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PGK to UYU exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 11.3478. Conversely, the yearly low was recorded on September 4, dropping to 10.2653.

This high-to-low spread represents a total annual volatility of 1.0825 UYU. From a start-to-finish perspective, comparing the January average rate of 11.2068 to the December average rate of 10.4992, the exchange rate registered a net change of -6.31% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 11.3478 was down 10.93% compared to the 2022 peak of 12.7408, 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 56,739 UYU
2022 Average 58,389 UYU
Yearly Trough Low 51,327 UYU
Transaction Impact: A difference of 5,412.37 UYU purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

11.2838
10.3597
JanuMarcMayJulySeptNove

PGK to UYU 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 11.0264, compared to 10.5432 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4832 points.

H1 Avg (Jan–Jun) 11.0264
H2 Avg (Jul–Dec) 10.5432

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.5560 UYU (High: 11.0559 / Low: 10.4999). On the other end, April was the most stable month, with a tight range of 0.2460 UYU (High: 11.0753 / Low: 10.8293).

June Spread (Volatile) ±0.5560
April Spread (Stable) ±0.2460

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 May and June, when the average rate fell by 0.2311 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.2311

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 11.2068) against the same month in 2022 (average: 12.6360), the exchange rate shifted by -1.4292 (-11.31%).

2023 Avg (January) 11.2068
2022 Avg (January) 12.6360

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 11.3478 10.9685 11.2068
February 11.2334 10.9468 11.0730
March 11.2442 10.9149 11.1006
April 11.0753 10.8293 10.9951
May 11.0898 10.7957 11.0070
June 11.0559 10.4999 10.7759
July 10.8193 10.3880 10.5961
August 10.7816 10.2960 10.4661
September 10.6067 10.2653 10.4367
October 10.8251 10.5171 10.6880
November 10.7767 10.3508 10.5732
December 10.7109 10.3436 10.4992