2023 TJS to PGK Historical Review

YEARLY HIGH

0.3520 PGK

YEARLY LOW

0.3205 PGK

YEARLY AVERAGE

0.3335 PGK

2023 TJS to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TJS to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 28, valuing the pair at 0.3520. Conversely, the yearly low was recorded on August 18, dropping to 0.3205.

This high-to-low spread represents a total annual volatility of 0.0315 PGK. From a start-to-finish perspective, comparing the January average rate of 0.3443 to the December average rate of 0.3420, the exchange rate registered a net change of -0.68% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3520 was down 4.34% compared to the 2022 peak of 0.3679, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,760 PGK

2022 Average 1,621 PGK

Yearly Trough Low 1,602 PGK

Transaction Impact: A difference of 157.51 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3464

0.3212

JanuMarcMayJulySeptNove

TJS 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 0.3317, compared to 0.3352 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0035 points.

H1 Avg (Jan–Jun) 0.3317

H2 Avg (Jul–Dec) 0.3352

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0299 PGK (High: 0.3520 / Low: 0.3221). On the other end, April was the most stable month, with a tight range of 0.0050 PGK (High: 0.3271 / Low: 0.3221).

March Spread (Volatile) ±0.0299

April Spread (Stable) ±0.0050

Growth Streaks & Declines

Trends

Between April and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0109 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0109

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.3398) against the same month in 2022 (average: 0.3118), the exchange rate shifted by +0.0280 (+8.97%).

2023 Avg (February) 0.3398

2022 Avg (February) 0.3118

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3478	0.3425	0.3443
February	0.3520	0.3281	0.3398
March	0.3520	0.3221	0.3342
April	0.3271	0.3221	0.3233
May	0.3291	0.3221	0.3235
June	0.3292	0.3220	0.3253
July	0.3308	0.3216	0.3268
August	0.3334	0.3205	0.3296
September	0.3357	0.3255	0.3319
October	0.3431	0.3321	0.3380
November	0.3473	0.3381	0.3432
December	0.3466	0.3389	0.3420