2023 UAH to PGK Historical Review

YEARLY HIGH

0.1050 PGK

YEARLY LOW

0.0952 PGK

YEARLY AVERAGE

0.0979 PGK

2023 UAH to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the UAH to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 0.1050. Conversely, the yearly low was recorded on April 14, dropping to 0.0952.

This high-to-low spread represents a total annual volatility of 0.0098 PGK. From a start-to-finish perspective, comparing the January average rate of 0.0958 to the December average rate of 0.1006, the exchange rate registered a net change of 4.95% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1050 was down 19.12% compared to the 2022 peak of 0.1299, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 525 PGK

2022 Average 548 PGK

Yearly Trough Low 476 PGK

Transaction Impact: A difference of 49.00 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1047

0.0948

JanuMarcMayJulySeptNove

UAH 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 0.0958, compared to 0.0999 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0041 points.

H1 Avg (Jan–Jun) 0.0958

H2 Avg (Jul–Dec) 0.0999

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0057 PGK (High: 0.1028 / Low: 0.0971). On the other end, January was the most stable month, with a tight range of 0.0007 PGK (High: 0.0959 / Low: 0.0952).

December Spread (Volatile) ±0.0057

January Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between May and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0033 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0033

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.1039) against the same month in 2022 (average: 0.0955), the exchange rate shifted by +0.0083 (+8.73%).

2023 Avg (November) 0.1039

2022 Avg (November) 0.0955

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0959	0.0952	0.0958
February	0.0971	0.0952	0.0959
March	0.0967	0.0953	0.0956
April	0.0971	0.0952	0.0958
May	0.0978	0.0953	0.0957
June	0.0973	0.0952	0.0962
July	0.0985	0.0953	0.0969
August	0.0991	0.0953	0.0980
September	0.0998	0.0967	0.0987
October	0.1034	0.0988	0.1016
November	0.1050	0.1022	0.1039
December	0.1028	0.0971	0.1006