YEARLY HIGH
0.1791 PKR
YEARLY LOW
0.0172 PKR
YEARLY AVERAGE
0.0325 PKR

2023 LBP to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LBP to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 0.1791. Conversely, the yearly low was recorded on February 26, dropping to 0.0172.

This high-to-low spread represents a total annual volatility of 0.1619 PKR. From a start-to-finish perspective, comparing the January average rate of 0.1542 to the December average rate of 0.0187, the exchange rate registered a net change of -87.85% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1791 was up 12.98% compared to the 2022 peak of 0.1585, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 896 PKR
2022 Average 675 PKR
Yearly Trough Low 86 PKR
Transaction Impact: A difference of 809.71 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1678
0.0050
JanuMarcMayJulySeptNove

LBP 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 0.0459, compared to 0.0190 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0268 points.

H1 Avg (Jan–Jun) 0.0459
H2 Avg (Jul–Dec) 0.0190

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.1619 PKR (High: 0.1791 / Low: 0.0172). On the other end, June was the most stable month, with a tight range of 0.0003 PKR (High: 0.0191 / Low: 0.0188).

February Spread (Volatile) ±0.1619
June Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between March and June, 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 January and February, when the average rate fell by 0.1084 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1084

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0458) against the same month in 2022 (average: 0.1160), the exchange rate shifted by -0.0702 (-60.53%).

2023 Avg (February) 0.0458
2022 Avg (February) 0.1160

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1772 0.1487 0.1542
February 0.1791 0.0172 0.0458
March 0.0189 0.0173 0.0186
April 0.0192 0.0186 0.0188
May 0.0196 0.0186 0.0189
June 0.0191 0.0188 0.0190
July 0.0191 0.0179 0.0187
August 0.0203 0.0187 0.0195
September 0.0205 0.0191 0.0198
October 0.0192 0.0183 0.0186
November 0.0192 0.0186 0.0189
December 0.0190 0.0185 0.0187