YEARLY HIGH
0.0974 PGK
YEARLY LOW
0.0881 PGK
YEARLY AVERAGE
0.0928 PGK

2023 UYU to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the UYU to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 4, valuing the pair at 0.0974. Conversely, the yearly low was recorded on January 1, dropping to 0.0881.

This high-to-low spread represents a total annual volatility of 0.0093 PGK. From a start-to-finish perspective, comparing the January average rate of 0.0892 to the December average rate of 0.0953, the exchange rate registered a net change of 6.74% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0974 was up 5.52% compared to the 2022 peak of 0.0923, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 487 PGK
2022 Average 429 PGK
Yearly Trough Low 441 PGK
Transaction Impact: A difference of 46.46 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0965
0.0886
JanuMarcMayJulySeptNove

UYU 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 0.0907, compared to 0.0949 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0042 points.

H1 Avg (Jan–Jun) 0.0907
H2 Avg (Jul–Dec) 0.0949

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0048 PGK (High: 0.0952 / Low: 0.0904). On the other end, April was the most stable month, with a tight range of 0.0021 PGK (High: 0.0923 / Low: 0.0903).

June Spread (Volatile) ±0.0048
April Spread (Stable) ±0.0021

Growth Streaks & Declines

Trends

Between May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0023 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 0.0958) against the same month in 2022 (average: 0.0861), the exchange rate shifted by +0.0097 (+11.27%).

2023 Avg (September) 0.0958
2022 Avg (September) 0.0861

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0912 0.0881 0.0892
February 0.0914 0.0890 0.0903
March 0.0916 0.0889 0.0901
April 0.0923 0.0903 0.0910
May 0.0926 0.0902 0.0909
June 0.0952 0.0904 0.0928
July 0.0963 0.0924 0.0944
August 0.0971 0.0928 0.0956
September 0.0974 0.0943 0.0958
October 0.0951 0.0924 0.0936
November 0.0966 0.0928 0.0946
December 0.0967 0.0934 0.0953