2023 SVC to PGK Historical Review

YEARLY HIGH

0.4333 PGK

YEARLY LOW

0.4020 PGK

YEARLY AVERAGE

0.4118 PGK

2023 SVC to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SVC to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 0.4333. Conversely, the yearly low was recorded on June 6, dropping to 0.4020.

This high-to-low spread represents a total annual volatility of 0.0313 PGK. From a start-to-finish perspective, comparing the January average rate of 0.4026 to the December average rate of 0.4271, the exchange rate registered a net change of 6.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4333 was up 5.52% compared to the 2022 peak of 0.4106, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,166 PGK

2022 Average 2,015 PGK

Yearly Trough Low 2,010 PGK

Transaction Impact: A difference of 156.57 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4320

0.3999

JanuMarcMayJulySeptNove

SVC 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 0.4037, compared to 0.4198 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0161 points.

H1 Avg (Jan–Jun) 0.4037

H2 Avg (Jul–Dec) 0.4198

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 0.0161 PGK (High: 0.4184 / Low: 0.4024). On the other end, January was the most stable month, with a tight range of 0.0008 PGK (High: 0.4029 / Low: 0.4020).

August Spread (Volatile) ±0.0161

January Spread (Stable) ±0.0008

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 0.0022 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0022

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.4293) against the same month in 2022 (average: 0.4027), the exchange rate shifted by +0.0266 (+6.61%).

2023 Avg (November) 0.4293

2022 Avg (November) 0.4027

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4029	0.4020	0.4026
February	0.4079	0.4021	0.4033
March	0.4080	0.4022	0.4031
April	0.4079	0.4020	0.4034
May	0.4109	0.4023	0.4039
June	0.4123	0.4020	0.4062
July	0.4138	0.4022	0.4086
August	0.4184	0.4024	0.4135
September	0.4214	0.4082	0.4166
October	0.4302	0.4170	0.4239
November	0.4333	0.4242	0.4293
December	0.4319	0.4226	0.4271