YEARLY HIGH
0.5581 PGK
YEARLY LOW
0.5145 PGK
YEARLY AVERAGE
0.5308 PGK

2023 TTD to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TTD to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 0.5581. Conversely, the yearly low was recorded on February 4, dropping to 0.5145.

This high-to-low spread represents a total annual volatility of 0.0436 PGK. From a start-to-finish perspective, comparing the January average rate of 0.5188 to the December average rate of 0.5503, the exchange rate registered a net change of 6.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5581 was up 5.57% compared to the 2022 peak of 0.5287, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,790 PGK
2022 Average 2,598 PGK
Yearly Trough Low 2,572 PGK
Transaction Impact: A difference of 218.18 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5567
0.5154
JanuMarcMayJulySeptNove

TTD 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 0.5204, compared to 0.5412 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0208 points.

H1 Avg (Jan–Jun) 0.5204
H2 Avg (Jul–Dec) 0.5412

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 0.0195 PGK (High: 0.5387 / Low: 0.5192). On the other end, January was the most stable month, with a tight range of 0.0017 PGK (High: 0.5196 / Low: 0.5178).

August Spread (Volatile) ±0.0195
January Spread (Stable) ±0.0017

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 0.0030 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0030

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.5533) against the same month in 2022 (average: 0.5192), the exchange rate shifted by +0.0341 (+6.57%).

2023 Avg (November) 0.5533
2022 Avg (November) 0.5192

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5196 0.5178 0.5188
February 0.5259 0.5145 0.5197
March 0.5258 0.5181 0.5195
April 0.5259 0.5180 0.5200
May 0.5295 0.5169 0.5206
June 0.5308 0.5179 0.5238
July 0.5334 0.5184 0.5268
August 0.5387 0.5192 0.5331
September 0.5440 0.5268 0.5374
October 0.5549 0.5376 0.5465
November 0.5581 0.5468 0.5533
December 0.5566 0.5447 0.5503