YEARLY HIGH
0.3423 PKR
YEARLY LOW
0.2518 PKR
YEARLY AVERAGE
0.3105 PKR

2023 KPW to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KPW to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 5, valuing the pair at 0.3423. Conversely, the yearly low was recorded on January 1, dropping to 0.2518.

This high-to-low spread represents a total annual volatility of 0.0905 PKR. From a start-to-finish perspective, comparing the January average rate of 0.2597 to the December average rate of 0.3134, the exchange rate registered a net change of 20.66% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3423 was up 27.97% compared to the 2022 peak of 0.2675, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,712 PKR
2022 Average 1,137 PKR
Yearly Trough Low 1,259 PKR
Transaction Impact: A difference of 452.49 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3379
0.2526
JanuMarcMayJulySeptNove

KPW 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 0.3028, compared to 0.3182 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0154 points.

H1 Avg (Jan–Jun) 0.3028
H2 Avg (Jul–Dec) 0.3182

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0459 PKR (High: 0.2977 / Low: 0.2518). On the other end, June was the most stable month, with a tight range of 0.0027 PKR (High: 0.3195 / Low: 0.3168).

January Spread (Volatile) ±0.0459
June Spread (Stable) ±0.0027

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 0.0204 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0204

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 0.3308) against the same month in 2022 (average: 0.2561), the exchange rate shifted by +0.0747 (+29.17%).

2023 Avg (September) 0.3308
2022 Avg (September) 0.2561

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2977 0.2518 0.2597
February 0.3063 0.2783 0.2950
March 0.3153 0.2912 0.3113
April 0.3207 0.3101 0.3152
May 0.3285 0.3149 0.3174
June 0.3195 0.3168 0.3184
July 0.3197 0.3026 0.3129
August 0.3386 0.3150 0.3261
September 0.3423 0.3196 0.3308
October 0.3212 0.3056 0.3104
November 0.3204 0.3093 0.3157
December 0.3169 0.3091 0.3134