2023 RON to PGK Historical Review

YEARLY HIGH

0.8390 PGK

YEARLY LOW

0.7518 PGK

YEARLY AVERAGE

0.7875 PGK

2023 RON to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RON to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.8390. Conversely, the yearly low was recorded on January 5, dropping to 0.7518.

This high-to-low spread represents a total annual volatility of 0.0872 PGK. From a start-to-finish perspective, comparing the January average rate of 0.7713 to the December average rate of 0.8219, the exchange rate registered a net change of 6.56% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.8390 was up 2.68% compared to the 2022 peak of 0.8172, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,195 PGK

2022 Average 3,769 PGK

Yearly Trough Low 3,759 PGK

Transaction Impact: A difference of 436.14 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.8276

0.7598

JanuMarcMayJulySeptNove

RON 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 0.7735, compared to 0.8014 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0279 points.

H1 Avg (Jan–Jun) 0.7735

H2 Avg (Jul–Dec) 0.8014

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0486 PGK (High: 0.8231 / Low: 0.7745). On the other end, April was the most stable month, with a tight range of 0.0265 PGK (High: 0.7948 / Low: 0.7683).

July Spread (Volatile) ±0.0486

April Spread (Stable) ±0.0265

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 August and September, when the average rate fell by 0.0150 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0150

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.8219) against the same month in 2022 (average: 0.7590), the exchange rate shifted by +0.0630 (+8.30%).

2023 Avg (December) 0.8219

2022 Avg (December) 0.7590

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7878	0.7518	0.7713
February	0.7906	0.7539	0.7694
March	0.7887	0.7529	0.7655
April	0.7948	0.7683	0.7830
May	0.7911	0.7615	0.7754
June	0.7897	0.7591	0.7767
July	0.8231	0.7745	0.7993
August	0.8088	0.7738	0.7985
September	0.7994	0.7685	0.7836
October	0.8033	0.7715	0.7884
November	0.8354	0.7912	0.8167
December	0.8390	0.8078	0.8219