2023 KMF to PKR Historical Review

YEARLY HIGH

0.6771 PKR

YEARLY LOW

0.4853 PKR

YEARLY AVERAGE

0.6137 PKR

2023 KMF to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KMF to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 5, valuing the pair at 0.6771. Conversely, the yearly low was recorded on January 5, dropping to 0.4853.

This high-to-low spread represents a total annual volatility of 0.1919 PKR. From a start-to-finish perspective, comparing the January average rate of 0.5116 to the December average rate of 0.6252, the exchange rate registered a net change of 22.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.6771 was up 31.58% compared to the 2022 peak of 0.5146, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,386 PKR

2022 Average 2,185 PKR

Yearly Trough Low 2,426 PKR

Transaction Impact: A difference of 959.41 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.6639

0.4977

JanuMarcMayJulySeptNove

KMF 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 0.5982, compared to 0.6292 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0310 points.

H1 Avg (Jan–Jun) 0.5982

H2 Avg (Jul–Dec) 0.6292

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.1058 PKR (High: 0.5911 / Low: 0.4853). On the other end, December was the most stable month, with a tight range of 0.0197 PKR (High: 0.6358 / Low: 0.6161).

January Spread (Volatile) ±0.1058

December Spread (Stable) ±0.0197

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 0.0468 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0468

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 0.6460) against the same month in 2022 (average: 0.4640), the exchange rate shifted by +0.1820 (+39.23%).

2023 Avg (September) 0.6460

2022 Avg (September) 0.4640

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5911	0.4853	0.5116
February	0.6015	0.5494	0.5770
March	0.6279	0.5678	0.6083
April	0.6412	0.6206	0.6319
May	0.6553	0.6187	0.6304
June	0.6387	0.6182	0.6302
July	0.6515	0.6018	0.6321
August	0.6769	0.6303	0.6500
September	0.6771	0.6152	0.6460
October	0.6203	0.5911	0.5992
November	0.6380	0.5958	0.6227
December	0.6358	0.6161	0.6252