YEARLY HIGH
32.1942 XPF
YEARLY LOW
28.5458 XPF
YEARLY AVERAGE
30.6377 XPF

2023 PGK to XPF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PGK to XPF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 32.1942. Conversely, the yearly low was recorded on December 30, dropping to 28.5458.

This high-to-low spread represents a total annual volatility of 3.6484 XPF. From a start-to-finish perspective, comparing the January average rate of 31.4017 to the December average rate of 29.2065, the exchange rate registered a net change of -6.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 32.1942 was down 8.81% compared to the 2022 peak of 35.3041, 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 160,971 XPF
2022 Average 160,884 XPF
Yearly Trough Low 142,729 XPF
Transaction Impact: A difference of 18,241.99 XPF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

31.8664
28.9647
JanuMarcMayJulySeptNove

PGK to XPF 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 31.2415, compared to 30.0338 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.2077 points.

H1 Avg (Jan–Jun) 31.2415
H2 Avg (Jul–Dec) 30.0338

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 1.7203 XPF (High: 31.0551 / Low: 29.3348). On the other end, September was the most stable month, with a tight range of 1.0307 XPF (High: 31.2147 / Low: 30.1840).

July Spread (Volatile) ±1.7203
September Spread (Stable) ±1.0307

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 1.0739 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.0739

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 31.4017) against the same month in 2022 (average: 29.9180), the exchange rate shifted by +1.4837 (+4.96%).

2023 Avg (January) 31.4017
2022 Avg (January) 29.9180

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 32.1942 31.0258 31.4017
February 32.0956 30.7485 31.5979
March 32.1036 30.7569 31.6246
April 31.3979 30.2390 30.7978
May 31.5907 30.2401 31.0541
June 31.6907 30.4605 30.9728
July 31.0551 29.3348 30.2225
August 31.1319 29.7752 30.2379
September 31.2147 30.1840 30.6644
October 31.0893 29.9229 30.4728
November 30.3524 28.7735 29.3989
December 29.7089 28.5458 29.2065