2023 BWP to PKR Historical Review

YEARLY HIGH

22.6760 PKR

YEARLY LOW

17.6184 PKR

YEARLY AVERAGE

20.9187 PKR

2023 BWP to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BWP to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 1, valuing the pair at 22.6760. Conversely, the yearly low was recorded on January 7, dropping to 17.6184.

This high-to-low spread represents a total annual volatility of 5.0576 PKR. From a start-to-finish perspective, comparing the January average rate of 18.2978 to the December average rate of 20.8820, the exchange rate registered a net change of 14.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 22.6760 was up 18.66% compared to the 2022 peak of 19.1106, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 113,380 PKR

2022 Average 82,531 PKR

Yearly Trough Low 88,092 PKR

Transaction Impact: A difference of 25,288.24 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

22.1686

17.9459

JanuMarcMayJulySeptNove

BWP 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 20.6564, compared to 21.1810 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5246 points.

H1 Avg (Jan–Jun) 20.6564

H2 Avg (Jul–Dec) 21.1810

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 3.2040 PKR (High: 20.8224 / Low: 17.6184). On the other end, December was the most stable month, with a tight range of 0.4804 PKR (High: 21.1833 / Low: 20.7030).

January Spread (Volatile) ±3.2040

December Spread (Stable) ±0.4804

Growth Streaks & Declines

Trends

Between January and April, 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 September and October, when the average rate fell by 1.4761 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.4761

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 21.8167) against the same month in 2022 (average: 17.6302), the exchange rate shifted by +4.1865 (+23.75%).

2023 Avg (September) 21.8167

2022 Avg (September) 17.6302

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	20.8224	17.6184	18.2978
February	21.2957	19.3631	20.2952
March	21.8144	19.8419	21.1942
April	22.0906	21.2484	21.6133
May	22.0048	20.7010	21.2141
June	21.7053	20.6838	21.3236
July	22.0813	20.2300	21.2767
August	22.6245	21.0749	21.7486
September	22.6760	20.8916	21.8167
October	21.1413	20.0291	20.3407
November	21.5320	20.5411	21.0210
December	21.1833	20.7030	20.8820