2023 CAD to PKR Historical Review

YEARLY HIGH

225.8870 PKR

YEARLY LOW

165.9557 PKR

YEARLY AVERAGE

207.0163 PKR

2023 CAD to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CAD to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 5, valuing the pair at 225.8870. Conversely, the yearly low was recorded on January 3, dropping to 165.9557.

This high-to-low spread represents a total annual volatility of 59.9312 PKR. From a start-to-finish perspective, comparing the January average rate of 174.2037 to the December average rate of 210.3081, the exchange rate registered a net change of 20.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 225.8870 was up 20.88% compared to the 2022 peak of 186.8720, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,129,435 PKR

2022 Average 784,821 PKR

Yearly Trough Low 829,779 PKR

Transaction Impact: A difference of 299,656.25 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

224.2424

169.6547

JanuMarcMayJulySeptNove

CAD 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 202.1192, compared to 211.9134 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 9.7943 points.

H1 Avg (Jan–Jun) 202.1192

H2 Avg (Jul–Dec) 211.9134

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 35.3987 PKR (High: 201.3544 / Low: 165.9557). On the other end, June was the most stable month, with a tight range of 5.9651 PKR (High: 218.0719 / Low: 212.1069).

January Spread (Volatile) ±35.3987

June Spread (Stable) ±5.9651

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 15.9481 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -15.9481

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 219.6935) against the same month in 2022 (average: 173.1178), the exchange rate shifted by +46.5757 (+26.90%).

2023 Avg (September) 219.6935

2022 Avg (September) 173.1178

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	201.3544	165.9557	174.2037
February	205.8922	186.9039	197.2830
March	209.7876	192.8516	204.4854
April	214.5726	206.1755	209.8659
May	219.0690	208.0787	211.1846
June	218.0719	212.1069	215.6925
July	218.3651	204.8160	212.8594
August	225.1163	211.8368	217.6107
September	225.8870	211.8067	219.6935
October	212.9436	199.4623	203.7454
November	210.6488	202.5891	207.2635
December	214.0623	207.6441	210.3081