2023 PGK to YER Historical Review

YEARLY HIGH

72.0331 YER

YEARLY LOW

66.0640 YER

YEARLY AVERAGE

69.5443 YER

2023 PGK to YER Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PGK to YER exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 72.0331. Conversely, the yearly low was recorded on November 24, dropping to 66.0640.

This high-to-low spread represents a total annual volatility of 5.9691 YER. From a start-to-finish perspective, comparing the January average rate of 71.0561 to the December average rate of 66.8928, the exchange rate registered a net change of -5.86% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 72.0331 was up 0.18% compared to the 2022 peak of 71.9054, 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 360,165 YER

2022 Average 354,774 YER

Yearly Trough Low 330,320 YER

Transaction Impact: A difference of 29,845.29 YER purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

71.5062

66.2905

JanuMarcMayJulySeptNove

PGK to YER 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 70.8975, compared to 68.1912 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.7062 points.

H1 Avg (Jan–Jun) 70.8975

H2 Avg (Jul–Dec) 68.1912

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 2.7886 YER (High: 71.1221 / Low: 68.3336). On the other end, January was the most stable month, with a tight range of 0.3113 YER (High: 71.2754 / Low: 70.9641).

August Spread (Volatile) ±2.7886

January Spread (Stable) ±0.3113

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 1.1503 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -1.1503

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 71.0716) against the same month in 2022 (average: 71.0736), the exchange rate shifted by -0.0020 (-0.00%).

2023 Avg (March) 71.0716

2022 Avg (March) 71.0736

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	71.2754	70.9641	71.0561
February	71.1222	70.0941	70.9382
March	72.0331	70.1042	71.0716
April	71.7750	70.1109	70.9941
May	71.1302	69.6367	70.8690
June	71.1222	69.3896	70.4557
July	71.1221	69.1912	70.0990
August	71.1221	68.3336	69.1972
September	70.1155	67.8703	68.6918
October	68.4805	66.4562	67.5415
November	67.6271	66.0640	66.7251
December	67.3594	66.1818	66.8928