2023 SBD to PGK Historical Review

YEARLY HIGH

0.4501 PGK

YEARLY LOW

0.4185 PGK

YEARLY AVERAGE

0.4315 PGK

2023 SBD to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SBD to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 13, valuing the pair at 0.4501. Conversely, the yearly low was recorded on April 30, dropping to 0.4185.

This high-to-low spread represents a total annual volatility of 0.0316 PGK. From a start-to-finish perspective, comparing the January average rate of 0.4263 to the December average rate of 0.4423, the exchange rate registered a net change of 3.76% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4501 was up 1.59% compared to the 2022 peak of 0.4430, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,250 PGK

2022 Average 2,167 PGK

Yearly Trough Low 2,092 PGK

Transaction Impact: A difference of 157.96 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4468

0.4222

JanuMarcMayJulySeptNove

SBD 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 0.4264, compared to 0.4366 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0102 points.

H1 Avg (Jan–Jun) 0.4264

H2 Avg (Jul–Dec) 0.4366

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 0.0170 PGK (High: 0.4376 / Low: 0.4206). On the other end, January was the most stable month, with a tight range of 0.0059 PGK (High: 0.4290 / Low: 0.4231).

August Spread (Volatile) ±0.0170

January Spread (Stable) ±0.0059

Growth Streaks & Declines

Trends

Between May and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0027 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0027

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.4447) against the same month in 2022 (average: 0.4279), the exchange rate shifted by +0.0169 (+3.94%).

2023 Avg (November) 0.4447

2022 Avg (November) 0.4279

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4290	0.4231	0.4263
February	0.4332	0.4259	0.4286
March	0.4353	0.4237	0.4280
April	0.4319	0.4185	0.4252
May	0.4313	0.4224	0.4242
June	0.4325	0.4217	0.4263
July	0.4331	0.4202	0.4269
August	0.4376	0.4206	0.4323
September	0.4387	0.4232	0.4339
October	0.4477	0.4327	0.4395
November	0.4501	0.4398	0.4447
December	0.4487	0.4386	0.4423