2023 XAF to PGK Historical Review

YEARLY HIGH

0.0064 PGK

YEARLY LOW

0.0057 PGK

YEARLY AVERAGE

0.0059 PGK

2023 XAF to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XAF to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.0064. Conversely, the yearly low was recorded on January 5, dropping to 0.0057.

This high-to-low spread represents a total annual volatility of 0.0007 PGK. From a start-to-finish perspective, comparing the January average rate of 0.0058 to the December average rate of 0.0062, the exchange rate registered a net change of 7.52% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0064 was up 3.45% compared to the 2022 peak of 0.0062, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 32 PGK

2022 Average 28 PGK

Yearly Trough Low 28 PGK

Transaction Impact: A difference of 3.61 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0063

0.0057

JanuMarcMayJulySeptNove

XAF 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 0.0058, compared to 0.0061 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0058

H2 Avg (Jul–Dec) 0.0061

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0003 PGK (High: 0.0062 / Low: 0.0059). On the other end, September was the most stable month, with a tight range of 0.0002 PGK (High: 0.0060 / Low: 0.0058).

July Spread (Volatile) ±0.0003

September Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0001 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.0062) against the same month in 2022 (average: 0.0057), the exchange rate shifted by +0.0005 (+9.36%).

2023 Avg (December) 0.0062

2022 Avg (December) 0.0057

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0059	0.0057	0.0058
February	0.0059	0.0057	0.0058
March	0.0059	0.0057	0.0058
April	0.0060	0.0058	0.0059
May	0.0060	0.0058	0.0059
June	0.0060	0.0057	0.0059
July	0.0062	0.0059	0.0060
August	0.0061	0.0058	0.0060
September	0.0060	0.0058	0.0059
October	0.0061	0.0059	0.0060
November	0.0063	0.0060	0.0062
December	0.0064	0.0061	0.0062