2023 WST to PGK Historical Review

YEARLY HIGH

1.3841 PGK

YEARLY LOW

1.2798 PGK

YEARLY AVERAGE

1.3183 PGK

2023 WST to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the WST to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 19, valuing the pair at 1.3841. Conversely, the yearly low was recorded on April 30, dropping to 1.2798.

This high-to-low spread represents a total annual volatility of 0.1044 PGK. From a start-to-finish perspective, comparing the January average rate of 1.3060 to the December average rate of 1.3360, the exchange rate registered a net change of 2.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.3841 was up 0.77% compared to the 2022 peak of 1.3736, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,921 PGK

2022 Average 6,597 PGK

Yearly Trough Low 6,399 PGK

Transaction Impact: A difference of 521.98 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.3535

1.2884

JanuMarcMayJulySeptNove

WST 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 1.3022, compared to 1.3344 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0322 points.

H1 Avg (Jan–Jun) 1.3022

H2 Avg (Jul–Dec) 1.3344

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 0.0603 PGK (High: 1.3841 / Low: 1.3239). On the other end, January was the most stable month, with a tight range of 0.0055 PGK (High: 1.3073 / Low: 1.3018).

October Spread (Volatile) ±0.0603

January Spread (Stable) ±0.0055

Growth Streaks & Declines

Trends

Between April and October, 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 March and April, when the average rate fell by 0.0114 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0114

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 1.3480) against the same month in 2022 (average: 1.2560), the exchange rate shifted by +0.0920 (+7.33%).

2023 Avg (October) 1.3480

2022 Avg (October) 1.2560

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.3073	1.3018	1.3060
February	1.3240	1.3049	1.3082
March	1.3234	1.2881	1.3052
April	1.3101	1.2798	1.2938
May	1.3188	1.2911	1.2960
June	1.3237	1.2915	1.3037
July	1.3275	1.2915	1.3107
August	1.3472	1.2948	1.3308
September	1.3567	1.3137	1.3407
October	1.3841	1.3239	1.3480
November	1.3531	1.3218	1.3399
December	1.3504	1.3273	1.3360