YEARLY HIGH
0.0532 PGK
YEARLY LOW
0.0363 PGK
YEARLY AVERAGE
0.0426 PGK

2023 RUB to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RUB to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 15, valuing the pair at 0.0532. Conversely, the yearly low was recorded on October 7, dropping to 0.0363.

This high-to-low spread represents a total annual volatility of 0.0170 PGK. From a start-to-finish perspective, comparing the January average rate of 0.0504 to the December average rate of 0.0411, the exchange rate registered a net change of -18.44% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0532 was down 21.65% compared to the 2022 peak of 0.0679, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 266 PGK
2022 Average 262 PGK
Yearly Trough Low 181 PGK
Transaction Impact: A difference of 84.76 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0517
0.0364
JanuMarcMayJulySeptNove

RUB 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 0.0459, compared to 0.0393 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0066 points.

H1 Avg (Jan–Jun) 0.0459
H2 Avg (Jul–Dec) 0.0393

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0054 PGK (High: 0.0532 / Low: 0.0478). On the other end, March was the most stable month, with a tight range of 0.0018 PGK (High: 0.0470 / Low: 0.0451).

January Spread (Volatile) ±0.0054
March Spread (Stable) ±0.0018

Growth Streaks & Declines

Trends

Between September and November, 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 June and July, when the average rate fell by 0.0032 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0032

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0504) against the same month in 2022 (average: 0.0460), the exchange rate shifted by +0.0043 (+9.44%).

2023 Avg (January) 0.0504
2022 Avg (January) 0.0460

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0532 0.0478 0.0504
February 0.0504 0.0463 0.0480
March 0.0470 0.0451 0.0461
April 0.0454 0.0429 0.0435
May 0.0463 0.0436 0.0446
June 0.0447 0.0396 0.0426
July 0.0402 0.0382 0.0394
August 0.0388 0.0363 0.0378
September 0.0386 0.0365 0.0377
October 0.0403 0.0363 0.0382
November 0.0428 0.0401 0.0414
December 0.0424 0.0402 0.0411