YEARLY HIGH
0.0259 LRD
YEARLY LOW
0.0207 LRD
YEARLY AVERAGE
0.0240 LRD

2023 PYG to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PYG to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.0259. Conversely, the yearly low was recorded on January 22, dropping to 0.0207.

This high-to-low spread represents a total annual volatility of 0.0052 LRD. From a start-to-finish perspective, comparing the January average rate of 0.0211 to the December average rate of 0.0256, the exchange rate registered a net change of 21.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0259 was up 14.56% compared to the 2022 peak of 0.0226, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 PYG based on timing:

Yearly Peak High 129 LRD
2022 Average 110 LRD
Yearly Trough Low 104 LRD
Transaction Impact: A difference of 25.79 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0261
0.0206
JanuMarcMayJulySeptNove

PYG to LRD 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 0.0225, compared to 0.0255 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0030 points.

H1 Avg (Jan–Jun) 0.0225
H2 Avg (Jul–Dec) 0.0255

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0015 LRD (High: 0.0248 / Low: 0.0233). On the other end, September was the most stable month, with a tight range of 0.0002 LRD (High: 0.0257 / Low: 0.0255).

June Spread (Volatile) ±0.0015
September Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0003 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.0256) against the same month in 2022 (average: 0.0213), the exchange rate shifted by +0.0043 (+19.93%).

2023 Avg (December) 0.0256
2022 Avg (December) 0.0213

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0213 0.0207 0.0211
February 0.0218 0.0208 0.0214
March 0.0227 0.0214 0.0222
April 0.0231 0.0226 0.0228
May 0.0234 0.0229 0.0232
June 0.0248 0.0233 0.0241
July 0.0256 0.0248 0.0253
August 0.0258 0.0255 0.0256
September 0.0257 0.0255 0.0256
October 0.0256 0.0251 0.0254
November 0.0254 0.0251 0.0253
December 0.0259 0.0253 0.0256