YEARLY HIGH
0.2141 XDR
YEARLY LOW
0.1974 XDR
YEARLY AVERAGE
0.2081 XDR

2023 PGK to XDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PGK to XDR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 0.2141. Conversely, the yearly low was recorded on December 18, dropping to 0.1974.

This high-to-low spread represents a total annual volatility of 0.0167 XDR. From a start-to-finish perspective, comparing the January average rate of 0.2113 to the December average rate of 0.2005, the exchange rate registered a net change of -5.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2141 was down 4.44% compared to the 2022 peak of 0.2240, 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 1,070 XDR
2022 Average 1,034 XDR
Yearly Trough Low 987 XDR
Transaction Impact: A difference of 83.48 XDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2140
0.1992
JanuMarcMayJulySeptNove

PGK to XDR 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 0.2112, compared to 0.2051 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0061 points.

H1 Avg (Jan–Jun) 0.2112
H2 Avg (Jul–Dec) 0.2051

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0093 XDR (High: 0.2132 / Low: 0.2039). On the other end, May was the most stable month, with a tight range of 0.0034 XDR (High: 0.2123 / Low: 0.2089).

July Spread (Volatile) ±0.0093
May Spread (Stable) ±0.0034

Growth Streaks & Declines

Trends

Between January and March, 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 October and November, when the average rate fell by 0.0038 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0038

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.2113) against the same month in 2022 (average: 0.2023), the exchange rate shifted by +0.0090 (+4.44%).

2023 Avg (January) 0.2113
2022 Avg (January) 0.2023

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2141 0.2098 0.2113
February 0.2139 0.2090 0.2116
March 0.2140 0.2099 0.2128
April 0.2114 0.2073 0.2101
May 0.2123 0.2089 0.2105
June 0.2134 0.2075 0.2109
July 0.2132 0.2039 0.2084
August 0.2130 0.2049 0.2071
September 0.2105 0.2054 0.2076
October 0.2090 0.2026 0.2054
November 0.2054 0.1981 0.2016
December 0.2028 0.1974 0.2005