2023 CDF to PKR Historical Review

YEARLY HIGH

0.1446 PKR

YEARLY LOW

0.1006 PKR

YEARLY AVERAGE

0.1205 PKR

2023 CDF to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CDF to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 11, valuing the pair at 0.1446. Conversely, the yearly low was recorded on December 19, dropping to 0.1006.

This high-to-low spread represents a total annual volatility of 0.0439 PKR. From a start-to-finish perspective, comparing the January average rate of 0.1141 to the December average rate of 0.1036, the exchange rate registered a net change of -9.18% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1446 was up 20.93% compared to the 2022 peak of 0.1196, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 723 PKR

2022 Average 506 PKR

Yearly Trough Low 503 PKR

Transaction Impact: A difference of 219.62 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1396

0.1003

JanuMarcMayJulySeptNove

CDF 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 0.1278, compared to 0.1131 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0147 points.

H1 Avg (Jan–Jun) 0.1278

H2 Avg (Jul–Dec) 0.1131

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0223 PKR (High: 0.1446 / Low: 0.1222). On the other end, June was the most stable month, with a tight range of 0.0044 PKR (High: 0.1233 / Low: 0.1189).

May Spread (Volatile) ±0.0223

June Spread (Stable) ±0.0044

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 May and June, when the average rate fell by 0.0096 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0096

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 0.1310) against the same month in 2022 (average: 0.0966), the exchange rate shifted by +0.0344 (+35.66%).

2023 Avg (May) 0.1310

2022 Avg (May) 0.0966

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1303	0.1103	0.1141
February	0.1338	0.1210	0.1287
March	0.1387	0.1269	0.1355
April	0.1405	0.1289	0.1363
May	0.1446	0.1222	0.1310
June	0.1233	0.1189	0.1214
July	0.1189	0.1101	0.1141
August	0.1227	0.1142	0.1185
September	0.1240	0.1154	0.1199
October	0.1161	0.1066	0.1110
November	0.1161	0.1047	0.1118
December	0.1068	0.1006	0.1036