2023 GNF to PKR Historical Review

YEARLY HIGH

0.0358 PKR

YEARLY LOW

0.0259 PKR

YEARLY AVERAGE

0.0324 PKR

2023 GNF to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GNF to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 6, valuing the pair at 0.0358. Conversely, the yearly low was recorded on January 5, dropping to 0.0259.

This high-to-low spread represents a total annual volatility of 0.0100 PKR. From a start-to-finish perspective, comparing the January average rate of 0.0270 to the December average rate of 0.0328, the exchange rate registered a net change of 21.55% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0358 was up 29.25% compared to the 2022 peak of 0.0277, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 179 PKR

2022 Average 116 PKR

Yearly Trough Low 129 PKR

Transaction Impact: A difference of 49.98 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0354

0.0262

JanuMarcMayJulySeptNove

GNF 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 0.0316, 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 0.0017 points.

H1 Avg (Jan–Jun) 0.0316

H2 Avg (Jul–Dec) 0.0333

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0053 PKR (High: 0.0311 / Low: 0.0259). On the other end, June was the most stable month, with a tight range of 0.0004 PKR (High: 0.0334 / Low: 0.0330).

January Spread (Volatile) ±0.0053

June Spread (Stable) ±0.0004

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 0.0021 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 0.0346) against the same month in 2022 (average: 0.0265), the exchange rate shifted by +0.0081 (+30.42%).

2023 Avg (September) 0.0346

2022 Avg (September) 0.0265

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0311	0.0259	0.0270
February	0.0317	0.0288	0.0307
March	0.0329	0.0302	0.0324
April	0.0335	0.0326	0.0330
May	0.0343	0.0328	0.0331
June	0.0334	0.0330	0.0332
July	0.0335	0.0315	0.0327
August	0.0355	0.0330	0.0341
September	0.0358	0.0333	0.0346
October	0.0336	0.0321	0.0325
November	0.0334	0.0322	0.0330
December	0.0331	0.0324	0.0328