2023 TRY to PGK Historical Review

YEARLY HIGH

0.1893 PGK

YEARLY LOW

0.1257 PGK

YEARLY AVERAGE

0.1557 PGK

2023 TRY to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TRY to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 21, valuing the pair at 0.1893. Conversely, the yearly low was recorded on December 28, dropping to 0.1257.

This high-to-low spread represents a total annual volatility of 0.0636 PGK. From a start-to-finish perspective, comparing the January average rate of 0.1876 to the December average rate of 0.1286, the exchange rate registered a net change of -31.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1893 was down 30.14% compared to the 2022 peak of 0.2710, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 9,465 PGK

2022 Average 10,793 PGK

Yearly Trough Low 6,287 PGK

Transaction Impact: A difference of 3,177.97 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1935

0.1227

JanuMarcMayJulySeptNove

TRY 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 0.1786, compared to 0.1328 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0458 points.

H1 Avg (Jan–Jun) 0.1786

H2 Avg (Jul–Dec) 0.1328

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0370 PGK (High: 0.1721 / Low: 0.1351). On the other end, January was the most stable month, with a tight range of 0.0017 PGK (High: 0.1884 / Low: 0.1868).

June Spread (Volatile) ±0.0370

January Spread (Stable) ±0.0017

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0282 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0282

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.1872) against the same month in 2022 (average: 0.2580), the exchange rate shifted by -0.0708 (-27.43%).

2023 Avg (February) 0.1872

2022 Avg (February) 0.2580

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1884	0.1868	0.1876
February	0.1893	0.1865	0.1872
March	0.1876	0.1827	0.1854
April	0.1859	0.1793	0.1823
May	0.1808	0.1711	0.1787
June	0.1721	0.1351	0.1505
July	0.1389	0.1307	0.1349
August	0.1391	0.1299	0.1344
September	0.1371	0.1327	0.1349
October	0.1344	0.1319	0.1329
November	0.1322	0.1288	0.1309
December	0.1303	0.1257	0.1286

2023 TRY నుండి PGK చారిత్రక సమీక్ష