2023 PHP to PGK Historical Review

YEARLY HIGH

0.0684 PGK

YEARLY LOW

0.0626 PGK

YEARLY AVERAGE

0.0648 PGK

2023 PHP to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PHP to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 23, valuing the pair at 0.0684. Conversely, the yearly low was recorded on April 19, dropping to 0.0626.

This high-to-low spread represents a total annual volatility of 0.0058 PGK. From a start-to-finish perspective, comparing the January average rate of 0.0641 to the December average rate of 0.0674, the exchange rate registered a net change of 5.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0684 was down 1.71% compared to the 2022 peak of 0.0696, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 PHP based on timing:

Yearly Peak High 17,092 PGK

2022 Average 16,214 PGK

Yearly Trough Low 15,654 PGK

Transaction Impact: A difference of 1,438.49 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0678

0.0629

JanuMarcMayJulySeptNove

PHP to PGK 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 0.0639, compared to 0.0656 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0016 points.

H1 Avg (Jan–Jun) 0.0639

H2 Avg (Jul–Dec) 0.0656

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0033 PGK (High: 0.0666 / Low: 0.0633). On the other end, May was the most stable month, with a tight range of 0.0011 PGK (High: 0.0640 / Low: 0.0629).

July Spread (Volatile) ±0.0033

May Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0008 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.0673) against the same month in 2022 (average: 0.0613), the exchange rate shifted by +0.0060 (+9.86%).

2023 Avg (November) 0.0673

2022 Avg (November) 0.0613

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0648	0.0630	0.0641
February	0.0662	0.0636	0.0643
March	0.0658	0.0635	0.0644
April	0.0654	0.0626	0.0638
May	0.0640	0.0629	0.0633
June	0.0648	0.0627	0.0637
July	0.0666	0.0633	0.0650
August	0.0658	0.0626	0.0643
September	0.0649	0.0627	0.0642
October	0.0664	0.0645	0.0653
November	0.0684	0.0655	0.0673
December	0.0683	0.0665	0.0674