2023 PGK to WST Historical Review

YEARLY HIGH

0.7814 WST

YEARLY LOW

0.7225 WST

YEARLY AVERAGE

0.7588 WST

2023 PGK to WST Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PGK to WST exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 0.7814. Conversely, the yearly low was recorded on October 19, dropping to 0.7225.

This high-to-low spread represents a total annual volatility of 0.0589 WST. From a start-to-finish perspective, comparing the January average rate of 0.7657 to the December average rate of 0.7485, the exchange rate registered a net change of -2.25% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.7814 was down 3.59% compared to the 2022 peak of 0.8105, 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 3,907 WST

2022 Average 3,793 WST

Yearly Trough Low 3,612 WST

Transaction Impact: A difference of 294.67 WST purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.7760

0.7388

JanuMarcMayJulySeptNove

PGK to WST 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 0.7680, compared to 0.7495 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0185 points.

H1 Avg (Jan–Jun) 0.7680

H2 Avg (Jul–Dec) 0.7495

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 0.0329 WST (High: 0.7553 / Low: 0.7225). On the other end, January was the most stable month, with a tight range of 0.0032 WST (High: 0.7682 / Low: 0.7649).

October Spread (Volatile) ±0.0329

January Spread (Stable) ±0.0032

Growth Streaks & Declines

Trends

Between February and April, 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 July and August, when the average rate fell by 0.0115 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0115

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.7729) against the same month in 2022 (average: 0.7348), the exchange rate shifted by +0.0381 (+5.19%).

2023 Avg (April) 0.7729

2022 Avg (April) 0.7348

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7682	0.7649	0.7657
February	0.7663	0.7553	0.7644
March	0.7763	0.7556	0.7662
April	0.7814	0.7633	0.7729
May	0.7745	0.7583	0.7716
June	0.7743	0.7554	0.7671
July	0.7743	0.7533	0.7630
August	0.7723	0.7423	0.7515
September	0.7612	0.7371	0.7459
October	0.7553	0.7225	0.7419
November	0.7565	0.7390	0.7463
December	0.7534	0.7405	0.7485