2023 BWP to PGK Historical Review

YEARLY HIGH

0.2823 PGK

YEARLY LOW

0.2565 PGK

YEARLY AVERAGE

0.2697 PGK

2023 BWP to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BWP to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 15, valuing the pair at 0.2823. Conversely, the yearly low was recorded on June 2, dropping to 0.2565.

This high-to-low spread represents a total annual volatility of 0.0258 PGK. From a start-to-finish perspective, comparing the January average rate of 0.2758 to the December average rate of 0.2770, the exchange rate registered a net change of 0.43% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2823 was down 8.43% compared to the 2022 peak of 0.3083, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,412 PGK

2022 Average 1,429 PGK

Yearly Trough Low 1,282 PGK

Transaction Impact: A difference of 129.18 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2791

0.2608

JanuMarcMayJulySeptNove

BWP 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 0.2679, compared to 0.2716 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0037 points.

H1 Avg (Jan–Jun) 0.2679

H2 Avg (Jul–Dec) 0.2716

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0170 PGK (High: 0.2764 / Low: 0.2594). On the other end, January was the most stable month, with a tight range of 0.0049 PGK (High: 0.2781 / Low: 0.2733).

July Spread (Volatile) ±0.0170

January Spread (Stable) ±0.0049

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0064 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0064

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.2776) against the same month in 2022 (average: 0.2693), the exchange rate shifted by +0.0083 (+3.07%).

2023 Avg (November) 0.2776

2022 Avg (November) 0.2693

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2781	0.2733	0.2758
February	0.2778	0.2646	0.2698
March	0.2706	0.2628	0.2664
April	0.2734	0.2659	0.2687
May	0.2680	0.2576	0.2623
June	0.2700	0.2565	0.2644
July	0.2764	0.2594	0.2698
August	0.2728	0.2588	0.2681
September	0.2710	0.2607	0.2671
October	0.2746	0.2640	0.2699
November	0.2823	0.2722	0.2776
December	0.2815	0.2721	0.2770

2023 BWP నుండి PGK చారిత్రక సమీక్ష