2023 SEK to PGK Historical Review

YEARLY HIGH

0.3754 PGK

YEARLY LOW

0.3209 PGK

YEARLY AVERAGE

0.3396 PGK

2023 SEK to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SEK to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.3754. Conversely, the yearly low was recorded on September 9, dropping to 0.3209.

This high-to-low spread represents a total annual volatility of 0.0544 PGK. From a start-to-finish perspective, comparing the January average rate of 0.3391 to the December average rate of 0.3653, the exchange rate registered a net change of 7.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3754 was down 4.75% compared to the 2022 peak of 0.3941, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,877 PGK

2022 Average 1,749 PGK

Yearly Trough Low 1,605 PGK

Transaction Impact: A difference of 272.23 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3690

0.3249

JanuMarcMayJulySeptNove

SEK 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 0.3367, compared to 0.3425 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0059 points.

H1 Avg (Jan–Jun) 0.3367

H2 Avg (Jul–Dec) 0.3425

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0303 PGK (High: 0.3552 / Low: 0.3249). On the other end, April was the most stable month, with a tight range of 0.0112 PGK (High: 0.3460 / Low: 0.3347).

July Spread (Volatile) ±0.0303

April Spread (Stable) ±0.0112

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 May and June, when the average rate fell by 0.0070 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0070

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.3653) against the same month in 2022 (average: 0.3393), the exchange rate shifted by +0.0260 (+7.67%).

2023 Avg (December) 0.3653

2022 Avg (December) 0.3393

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3454	0.3297	0.3391
February	0.3443	0.3318	0.3375
March	0.3465	0.3266	0.3352
April	0.3460	0.3347	0.3408
May	0.3469	0.3255	0.3372
June	0.3370	0.3225	0.3302
July	0.3552	0.3249	0.3394
August	0.3435	0.3210	0.3340
September	0.3353	0.3209	0.3286
October	0.3436	0.3309	0.3362
November	0.3629	0.3328	0.3515
December	0.3754	0.3557	0.3653