YEARLY HIGH
0.0080 ANG
YEARLY LOW
0.0059 ANG
YEARLY AVERAGE
0.0065 ANG

2023 PKR to ANG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PKR to ANG exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0080. Conversely, the yearly low was recorded on September 6, dropping to 0.0059.

This high-to-low spread represents a total annual volatility of 0.0021 ANG. From a start-to-finish perspective, comparing the January average rate of 0.0077 to the December average rate of 0.0064, the exchange rate registered a net change of -17.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0080 was down 23.07% compared to the 2022 peak of 0.0103, 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 3,976 ANG
2022 Average 4,450 ANG
Yearly Trough Low 2,928 ANG
Transaction Impact: A difference of 1,047.82 ANG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0079
0.0059
JanuMarcMayJulySeptNove

PKR to ANG 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 0.0066, compared to 0.0063 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0066
H2 Avg (Jul–Dec) 0.0063

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0012 ANG (High: 0.0080 / Low: 0.0067). On the other end, June was the most stable month, with a tight range of 0.0001 ANG (High: 0.0063 / Low: 0.0063).

January Spread (Volatile) ±0.0012
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 0.0009 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0077) against the same month in 2022 (average: 0.0102), the exchange rate shifted by -0.0025 (-24.22%).

2023 Avg (January) 0.0077
2022 Avg (January) 0.0102

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0080 0.0067 0.0077
February 0.0073 0.0065 0.0068
March 0.0069 0.0063 0.0064
April 0.0064 0.0062 0.0063
May 0.0064 0.0061 0.0063
June 0.0063 0.0063 0.0063
July 0.0066 0.0063 0.0064
August 0.0064 0.0059 0.0061
September 0.0063 0.0059 0.0061
October 0.0065 0.0062 0.0064
November 0.0065 0.0063 0.0063
December 0.0065 0.0063 0.0064