2023 SAR to PGK Historical Review

YEARLY HIGH

1.0102 PGK

YEARLY LOW

0.9255 PGK

YEARLY AVERAGE

0.9600 PGK

2023 SAR to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SAR to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 1.0102. Conversely, the yearly low was recorded on March 18, dropping to 0.9255.

This high-to-low spread represents a total annual volatility of 0.0847 PGK. From a start-to-finish perspective, comparing the January average rate of 0.9379 to the December average rate of 0.9973, the exchange rate registered a net change of 6.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.0102 was up 5.45% compared to the 2022 peak of 0.9580, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,051 PGK

2022 Average 4,697 PGK

Yearly Trough Low 4,628 PGK

Transaction Impact: A difference of 423.47 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.0067

0.9316

JanuMarcMayJulySeptNove

SAR 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 0.9410, compared to 0.9791 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0381 points.

H1 Avg (Jan–Jun) 0.9410

H2 Avg (Jul–Dec) 0.9791

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 0.0379 PGK (High: 0.9765 / Low: 0.9386). On the other end, January was the most stable month, with a tight range of 0.0046 PGK (High: 0.9395 / Low: 0.9350).

August Spread (Volatile) ±0.0379

January Spread (Stable) ±0.0046

Growth Streaks & Declines

Trends

Between March and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0032 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0032

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 1.0005) against the same month in 2022 (average: 0.9365), the exchange rate shifted by +0.0639 (+6.83%).

2023 Avg (November) 1.0005

2022 Avg (November) 0.9365

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9395	0.9350	0.9379
February	0.9522	0.9381	0.9407
March	0.9502	0.9255	0.9380
April	0.9520	0.9299	0.9400
May	0.9585	0.9378	0.9419
June	0.9619	0.9384	0.9474
July	0.9652	0.9383	0.9521
August	0.9765	0.9386	0.9644
September	0.9833	0.9521	0.9718
October	1.0042	0.9744	0.9882
November	1.0102	0.9867	1.0005
December	1.0083	0.9909	0.9973