2023 PKR to BBD Historical Review

YEARLY HIGH

0.0088 BBD

YEARLY LOW

0.0065 BBD

YEARLY AVERAGE

0.0072 BBD

2023 PKR to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PKR to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0088. Conversely, the yearly low was recorded on September 5, dropping to 0.0065.

This high-to-low spread represents a total annual volatility of 0.0023 BBD. From a start-to-finish perspective, comparing the January average rate of 0.0086 to the December average rate of 0.0071, 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 0.0088 was down 23.07% compared to the 2022 peak of 0.0115, 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 4,412 BBD

2022 Average 4,938 BBD

Yearly Trough Low 3,246 BBD

Transaction Impact: A difference of 1,166.36 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0088

0.0065

JanuMarcMayJulySeptNove

PKR to BBD 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 0.0074, compared to 0.0070 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) 0.0074

H2 Avg (Jul–Dec) 0.0070

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0014 BBD (High: 0.0088 / Low: 0.0075). On the other end, June was the most stable month, with a tight range of 0.0001 BBD (High: 0.0070 / Low: 0.0070).

January Spread (Volatile) ±0.0014

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 0.0010 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0086) against the same month in 2022 (average: 0.0113), the exchange rate shifted by -0.0028 (-24.31%).

2023 Avg (January) 0.0086

2022 Avg (January) 0.0113

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0088	0.0075	0.0086
February	0.0080	0.0073	0.0075
March	0.0076	0.0070	0.0071
April	0.0072	0.0069	0.0071
May	0.0071	0.0068	0.0070
June	0.0070	0.0070	0.0070
July	0.0073	0.0070	0.0071
August	0.0071	0.0066	0.0068
September	0.0070	0.0065	0.0067
October	0.0073	0.0069	0.0072
November	0.0072	0.0069	0.0070
December	0.0072	0.0070	0.0071