2023 PKR to AED Historical Review

YEARLY HIGH

0.0162 AED

YEARLY LOW

0.0119 AED

YEARLY AVERAGE

0.0132 AED

2023 PKR to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PKR to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0162. Conversely, the yearly low was recorded on September 5, dropping to 0.0119.

This high-to-low spread represents a total annual volatility of 0.0043 AED. From a start-to-finish perspective, comparing the January average rate of 0.0157 to the December average rate of 0.0130, the exchange rate registered a net change of -17.30% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0162 was down 23.08% compared to the 2022 peak of 0.0211, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 PKR based on timing:

Yearly Peak High 8,102 AED

2022 Average 9,069 AED

Yearly Trough Low 5,961 AED

Transaction Impact: A difference of 2,141.12 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0161

0.0120

JanuMarcMayJulySeptNove

PKR to AED 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 0.0136, compared to 0.0128 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0136

H2 Avg (Jul–Dec) 0.0128

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0025 AED (High: 0.0162 / Low: 0.0137). On the other end, June was the most stable month, with a tight range of 0.0001 AED (High: 0.0129 / Low: 0.0128).

January Spread (Volatile) ±0.0025

June Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0019 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0019

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0157) against the same month in 2022 (average: 0.0208), the exchange rate shifted by -0.0051 (-24.31%).

2023 Avg (January) 0.0157

2022 Avg (January) 0.0208

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0162	0.0137	0.0157
February	0.0147	0.0133	0.0138
March	0.0140	0.0129	0.0131
April	0.0132	0.0127	0.0129
May	0.0130	0.0124	0.0129
June	0.0129	0.0128	0.0128
July	0.0135	0.0128	0.0130
August	0.0130	0.0121	0.0125
September	0.0128	0.0119	0.0123
October	0.0134	0.0127	0.0131
November	0.0132	0.0127	0.0129
December	0.0132	0.0129	0.0130