2023 NAD to PKR Historical Review

YEARLY HIGH

16.4594 PKR

YEARLY LOW

13.2662 PKR

YEARLY AVERAGE

15.1042 PKR

2023 NAD to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NAD to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 29, valuing the pair at 16.4594. Conversely, the yearly low was recorded on January 7, dropping to 13.2662.

This high-to-low spread represents a total annual volatility of 3.1932 PKR. From a start-to-finish perspective, comparing the January average rate of 13.6838 to the December average rate of 15.0958, the exchange rate registered a net change of 10.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 16.4594 was up 8.08% compared to the 2022 peak of 15.2295, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 82,297 PKR

2022 Average 62,662 PKR

Yearly Trough Low 66,331 PKR

Transaction Impact: A difference of 15,965.90 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

15.8918

13.4831

JanuMarcMayJulySeptNove

NAD 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 14.9610, compared to 15.2474 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2864 points.

H1 Avg (Jan–Jun) 14.9610

H2 Avg (Jul–Dec) 15.2474

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 2.3045 PKR (High: 15.5707 / Low: 13.2662). On the other end, December was the most stable month, with a tight range of 0.7158 PKR (High: 15.4520 / Low: 14.7362).

January Spread (Volatile) ±2.3045

December Spread (Stable) ±0.7158

Growth Streaks & Declines

Trends

Between May and September, 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 1.1762 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -1.1762

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 15.5768) against the same month in 2022 (average: 13.2194), the exchange rate shifted by +2.3574 (+17.83%).

2023 Avg (August) 15.5768

2022 Avg (August) 13.2194

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	15.5707	13.2662	13.6838
February	16.1386	14.0033	14.8600
March	15.8725	14.3455	15.3287
April	16.0417	15.3115	15.6076
May	15.5279	14.4734	14.9772
June	15.8100	14.4617	15.3085
July	16.2654	14.4496	15.4458
August	16.4594	14.4324	15.5768
September	16.4144	15.0456	15.6911
October	15.2773	13.7071	14.5149
November	15.8389	14.1849	15.1598
December	15.4520	14.7362	15.0958