2023 SRD to PGK Historical Review

YEARLY HIGH

0.1117 PGK

YEARLY LOW

0.0916 PGK

YEARLY AVERAGE

0.0987 PGK

2023 SRD to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SRD to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 0.1117. Conversely, the yearly low was recorded on July 28, dropping to 0.0916.

This high-to-low spread represents a total annual volatility of 0.0201 PGK. From a start-to-finish perspective, comparing the January average rate of 0.1107 to the December average rate of 0.1001, the exchange rate registered a net change of -9.58% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1117 was down 36.01% compared to the 2022 peak of 0.1746, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 559 PGK

2022 Average 746 PGK

Yearly Trough Low 458 PGK

Transaction Impact: A difference of 100.67 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1124

0.0923

JanuMarcMayJulySeptNove

SRD 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 0.1008, compared to 0.0966 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0042 points.

H1 Avg (Jan–Jun) 0.1008

H2 Avg (Jul–Dec) 0.0966

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0076 PGK (High: 0.1051 / Low: 0.0975). On the other end, November was the most stable month, with a tight range of 0.0028 PGK (High: 0.1002 / Low: 0.0974).

March Spread (Volatile) ±0.0076

November Spread (Stable) ±0.0028

Growth Streaks & Declines

Trends

Between July and December, 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 March and April, when the average rate fell by 0.0060 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0060

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.1107) against the same month in 2022 (average: 0.1665), the exchange rate shifted by -0.0558 (-33.51%).

2023 Avg (January) 0.1107

2022 Avg (January) 0.1665

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1117	0.1087	0.1107
February	0.1102	0.1040	0.1076
March	0.1051	0.0975	0.1019
April	0.0999	0.0935	0.0959
May	0.0964	0.0931	0.0946
June	0.0967	0.0925	0.0943
July	0.0974	0.0916	0.0940
August	0.0959	0.0921	0.0945
September	0.0962	0.0929	0.0952
October	0.0991	0.0954	0.0972
November	0.1002	0.0974	0.0988
December	0.1029	0.0985	0.1001