YEARLY HIGH
0.7778 XCD
YEARLY LOW
0.7133 XCD
YEARLY AVERAGE
0.7508 XCD

2023 PGK to XCD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PGK to XCD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.7778. Conversely, the yearly low was recorded on November 24, dropping to 0.7133.

This high-to-low spread represents a total annual volatility of 0.0644 XCD. From a start-to-finish perspective, comparing the January average rate of 0.7671 to the December average rate of 0.7225, the exchange rate registered a net change of -5.82% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.7778 was up 0.21% compared to the 2022 peak of 0.7761, 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 3,889 XCD
2022 Average 3,831 XCD
Yearly Trough Low 3,567 XCD
Transaction Impact: A difference of 322.25 XCD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.7721
0.7157
JanuMarcMayJulySeptNove

PGK to XCD 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 0.7654, compared to 0.7362 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0292 points.

H1 Avg (Jan–Jun) 0.7654
H2 Avg (Jul–Dec) 0.7362

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 0.0298 XCD (High: 0.7678 / Low: 0.7379). On the other end, January was the most stable month, with a tight range of 0.0032 XCD (High: 0.7696 / Low: 0.7664).

August Spread (Volatile) ±0.0298
January Spread (Stable) ±0.0032

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 0.0124 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0124

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.7674) against the same month in 2022 (average: 0.7675), the exchange rate shifted by -0.0002 (-0.02%).

2023 Avg (March) 0.7674
2022 Avg (March) 0.7675

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7696 0.7664 0.7671
February 0.7678 0.7567 0.7658
March 0.7778 0.7570 0.7674
April 0.7748 0.7569 0.7664
May 0.7680 0.7519 0.7651
June 0.7678 0.7491 0.7606
July 0.7678 0.7469 0.7568
August 0.7678 0.7379 0.7471
September 0.7568 0.7327 0.7416
October 0.7391 0.7174 0.7292
November 0.7302 0.7133 0.7204
December 0.7272 0.7147 0.7225