2023 SCR to PGK Historical Review

YEARLY HIGH

0.2917 PGK

YEARLY LOW

0.2488 PGK

YEARLY AVERAGE

0.2682 PGK

2023 SCR to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SCR to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 26, valuing the pair at 0.2917. Conversely, the yearly low was recorded on February 13, dropping to 0.2488.

This high-to-low spread represents a total annual volatility of 0.0429 PGK. From a start-to-finish perspective, comparing the January average rate of 0.2603 to the December average rate of 0.2785, the exchange rate registered a net change of 7.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2917 was up 4.68% compared to the 2022 peak of 0.2786, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,458 PGK

2022 Average 1,303 PGK

Yearly Trough Low 1,244 PGK

Transaction Impact: A difference of 214.50 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2831

0.2572

JanuMarcMayJulySeptNove

SCR 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 0.2608, compared to 0.2755 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0147 points.

H1 Avg (Jan–Jun) 0.2608

H2 Avg (Jul–Dec) 0.2755

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 0.0271 PGK (High: 0.2917 / Low: 0.2646). On the other end, August was the most stable month, with a tight range of 0.0178 PGK (High: 0.2775 / Low: 0.2598).

October Spread (Volatile) ±0.0271

August Spread (Stable) ±0.0178

Growth Streaks & Declines

Trends

Between June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0024 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0024

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.2782) against the same month in 2022 (average: 0.2639), the exchange rate shifted by +0.0143 (+5.42%).

2023 Avg (October) 0.2782

2022 Avg (October) 0.2639

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2729	0.2492	0.2603
February	0.2707	0.2488	0.2606
March	0.2718	0.2503	0.2618
April	0.2730	0.2510	0.2611
May	0.2738	0.2514	0.2618
June	0.2723	0.2489	0.2594
July	0.2758	0.2488	0.2673
August	0.2775	0.2598	0.2705
September	0.2857	0.2672	0.2774
October	0.2917	0.2646	0.2782
November	0.2899	0.2719	0.2809
December	0.2892	0.2667	0.2785