2023 BOB to PKR Historical Review

YEARLY HIGH

44.5346 PKR

YEARLY LOW

32.7990 PKR

YEARLY AVERAGE

40.4577 PKR

2023 BOB to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BOB to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 6, valuing the pair at 44.5346. Conversely, the yearly low was recorded on January 1, dropping to 32.7990.

This high-to-low spread represents a total annual volatility of 11.7357 PKR. From a start-to-finish perspective, comparing the January average rate of 33.8259 to the December average rate of 40.7687, the exchange rate registered a net change of 20.52% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 44.5346 was up 28.00% compared to the 2022 peak of 34.7921, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 222,673 PKR

2022 Average 148,427 PKR

Yearly Trough Low 163,995 PKR

Transaction Impact: A difference of 58,678.37 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

44.0216

32.8991

JanuMarcMayJulySeptNove

BOB to PKR 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 39.4569, compared to 41.4586 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.0016 points.

H1 Avg (Jan–Jun) 39.4569

H2 Avg (Jul–Dec) 41.4586

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 5.9826 PKR (High: 38.7815 / Low: 32.7990). On the other end, June was the most stable month, with a tight range of 0.3702 PKR (High: 41.6299 / Low: 41.2597).

January Spread (Volatile) ±5.9826

June Spread (Stable) ±0.3702

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 2.6329 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -2.6329

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 43.0948) against the same month in 2022 (average: 33.3723), the exchange rate shifted by +9.7225 (+29.13%).

2023 Avg (September) 43.0948

2022 Avg (September) 33.3723

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	38.7815	32.7990	33.8259
February	39.9102	35.9180	38.4135
March	41.0990	37.9357	40.5985
April	41.6953	40.5130	41.0579
May	42.8052	41.0122	41.3631
June	41.6299	41.2597	41.4826
July	41.6639	39.4123	40.7920
August	44.0685	41.0184	42.4719
September	44.5346	41.5987	43.0948
October	41.7404	39.8720	40.4618
November	41.7165	40.3164	41.1621
December	41.2646	40.2598	40.7687