2023 IDR to PKR Historical Review

YEARLY HIGH

0.0201 PKR

YEARLY LOW

0.0145 PKR

YEARLY AVERAGE

0.0183 PKR

2023 IDR to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the IDR to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 4, valuing the pair at 0.0201. Conversely, the yearly low was recorded on January 5, dropping to 0.0145.

This high-to-low spread represents a total annual volatility of 0.0056 PKR. From a start-to-finish perspective, comparing the January average rate of 0.0153 to the December average rate of 0.0182, the exchange rate registered a net change of 18.70% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0201 was up 24.71% compared to the 2022 peak of 0.0161, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 10,000,000 IDR based on timing:

Yearly Peak High 201,278 PKR

2022 Average 137,570 PKR

Yearly Trough Low 145,337 PKR

Transaction Impact: A difference of 55,940.92 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0198

0.0149

JanuMarcMayJulySeptNove

IDR 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 0.0181, compared to 0.0186 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0181

H2 Avg (Jul–Dec) 0.0186

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0033 PKR (High: 0.0179 / Low: 0.0145). On the other end, June was the most stable month, with a tight range of 0.0003 PKR (High: 0.0193 / Low: 0.0190).

January Spread (Volatile) ±0.0033

June Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0016 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 0.0194) against the same month in 2022 (average: 0.0154), the exchange rate shifted by +0.0040 (+25.98%).

2023 Avg (September) 0.0194

2022 Avg (September) 0.0154

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0179	0.0145	0.0153
February	0.0182	0.0166	0.0175
March	0.0190	0.0172	0.0183
April	0.0194	0.0187	0.0191
May	0.0200	0.0190	0.0192
June	0.0193	0.0190	0.0192
July	0.0191	0.0180	0.0187
August	0.0200	0.0186	0.0192
September	0.0201	0.0185	0.0194
October	0.0187	0.0173	0.0177
November	0.0187	0.0176	0.0182
December	0.0185	0.0180	0.0182