YEARLY HIGH
0.0169 PKR
YEARLY LOW
0.0131 PKR
YEARLY AVERAGE
0.0150 PKR

2023 LAK to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LAK to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 11, valuing the pair at 0.0169. Conversely, the yearly low was recorded on January 2, dropping to 0.0131.

This high-to-low spread represents a total annual volatility of 0.0038 PKR. From a start-to-finish perspective, comparing the January average rate of 0.0138 to the December average rate of 0.0137, the exchange rate registered a net change of -0.79% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0169 was up 4.91% compared to the 2022 peak of 0.0161, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 84 PKR
2022 Average 72 PKR
Yearly Trough Low 65 PKR
Transaction Impact: A difference of 18.96 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0169
0.0133
JanuMarcMayJulySeptNove

LAK 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 0.0158, compared to 0.0143 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.0158
H2 Avg (Jul–Dec) 0.0143

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0028 PKR (High: 0.0159 / Low: 0.0131). On the other end, December was the most stable month, with a tight range of 0.0002 PKR (High: 0.0138 / Low: 0.0135).

January Spread (Volatile) ±0.0028
December Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0014 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 0.0163) against the same month in 2022 (average: 0.0150), the exchange rate shifted by +0.0013 (+8.69%).

2023 Avg (May) 0.0163
2022 Avg (May) 0.0150

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0159 0.0131 0.0138
February 0.0163 0.0147 0.0157
March 0.0168 0.0155 0.0166
April 0.0168 0.0163 0.0165
May 0.0169 0.0161 0.0163
June 0.0161 0.0151 0.0156
July 0.0153 0.0143 0.0147
August 0.0155 0.0146 0.0151
September 0.0156 0.0141 0.0149
October 0.0142 0.0133 0.0136
November 0.0139 0.0135 0.0137
December 0.0138 0.0135 0.0137