YEARLY HIGH
0.0075 AZN
YEARLY LOW
0.0055 AZN
YEARLY AVERAGE
0.0061 AZN

2023 PKR to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PKR to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0075. Conversely, the yearly low was recorded on September 5, dropping to 0.0055.

This high-to-low spread represents a total annual volatility of 0.0020 AZN. From a start-to-finish perspective, comparing the January average rate of 0.0073 to the December average rate of 0.0060, the exchange rate registered a net change of -17.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0075 was down 23.07% compared to the 2022 peak of 0.0098, 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 3,750 AZN
2022 Average 4,197 AZN
Yearly Trough Low 2,759 AZN
Transaction Impact: A difference of 991.41 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0074
0.0056
JanuMarcMayJulySeptNove

PKR to AZN 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 0.0063, compared to 0.0059 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0063
H2 Avg (Jul–Dec) 0.0059

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0012 AZN (High: 0.0075 / Low: 0.0063). On the other end, June was the most stable month, with a tight range of 0.0001 AZN (High: 0.0060 / Low: 0.0059).

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: 0.0073) against the same month in 2022 (average: 0.0096), the exchange rate shifted by -0.0023 (-24.30%).

2023 Avg (January) 0.0073
2022 Avg (January) 0.0096

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0075 0.0063 0.0073
February 0.0068 0.0062 0.0064
March 0.0065 0.0060 0.0061
April 0.0061 0.0059 0.0060
May 0.0060 0.0058 0.0060
June 0.0060 0.0059 0.0059
July 0.0062 0.0059 0.0060
August 0.0060 0.0056 0.0058
September 0.0059 0.0055 0.0057
October 0.0062 0.0059 0.0061
November 0.0061 0.0059 0.0060
December 0.0061 0.0060 0.0060