YEARLY HIGH
0.0350 PGK
YEARLY LOW
0.0311 PGK
YEARLY AVERAGE
0.0327 PGK

2023 XPF to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XPF to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.0350. Conversely, the yearly low was recorded on January 5, dropping to 0.0311.

This high-to-low spread represents a total annual volatility of 0.0040 PGK. From a start-to-finish perspective, comparing the January average rate of 0.0318 to the December average rate of 0.0342, 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 0.0350 was up 3.45% compared to the 2022 peak of 0.0339, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 175 PGK
2022 Average 156 PGK
Yearly Trough Low 155 PGK
Transaction Impact: A difference of 19.85 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0345
0.0314
JanuMarcMayJulySeptNove

XPF 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 0.0320, compared to 0.0333 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.0320
H2 Avg (Jul–Dec) 0.0333

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0019 PGK (High: 0.0341 / Low: 0.0322). On the other end, September was the most stable month, with a tight range of 0.0011 PGK (High: 0.0331 / Low: 0.0320).

July Spread (Volatile) ±0.0019
September Spread (Stable) ±0.0011

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 0.0005 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.0342) against the same month in 2022 (average: 0.0313), the exchange rate shifted by +0.0029 (+9.36%).

2023 Avg (December) 0.0342
2022 Avg (December) 0.0313

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0322 0.0311 0.0318
February 0.0325 0.0312 0.0317
March 0.0325 0.0311 0.0316
April 0.0331 0.0318 0.0325
May 0.0331 0.0317 0.0322
June 0.0328 0.0316 0.0323
July 0.0341 0.0322 0.0331
August 0.0336 0.0321 0.0331
September 0.0331 0.0320 0.0326
October 0.0334 0.0322 0.0328
November 0.0348 0.0329 0.0340
December 0.0350 0.0337 0.0342