YEARLY HIGH
0.4890 ALL
YEARLY LOW
0.3150 ALL
YEARLY AVERAGE
0.3621 ALL

2023 PKR to ALL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PKR to ALL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 0.4890. Conversely, the yearly low was recorded on July 20, dropping to 0.3150.

This high-to-low spread represents a total annual volatility of 0.1740 ALL. From a start-to-finish perspective, comparing the January average rate of 0.4628 to the December average rate of 0.3339, the exchange rate registered a net change of -27.85% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4890 was down 24.68% compared to the 2022 peak of 0.6492, 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 244,511 ALL
2022 Average 278,511 ALL
Yearly Trough Low 157,510 ALL
Transaction Impact: A difference of 87,000.81 ALL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4761
0.3168
JanuMarcMayJulySeptNove

PKR to ALL 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 0.3861, compared to 0.3382 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0479 points.

H1 Avg (Jan–Jun) 0.3861
H2 Avg (Jul–Dec) 0.3382

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0874 ALL (High: 0.4890 / Low: 0.4016). On the other end, April was the most stable month, with a tight range of 0.0128 ALL (High: 0.3675 / Low: 0.3547).

January Spread (Volatile) ±0.0874
April Spread (Stable) ±0.0128

Growth Streaks & Declines

Trends

Between August and October, 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 January and February, when the average rate fell by 0.0556 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0556

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.4628) against the same month in 2022 (average: 0.6072), the exchange rate shifted by -0.1444 (-23.79%).

2023 Avg (January) 0.4628
2022 Avg (January) 0.6072

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4890 0.4016 0.4628
February 0.4276 0.3924 0.4072
March 0.4126 0.3675 0.3817
April 0.3675 0.3547 0.3611
May 0.3675 0.3430 0.3580
June 0.3580 0.3396 0.3456
July 0.3493 0.3150 0.3321
August 0.3377 0.3233 0.3301
September 0.3522 0.3261 0.3365
October 0.3625 0.3488 0.3584
November 0.3567 0.3260 0.3382
December 0.3390 0.3259 0.3339