2023 PKR to BOB Historical Review

YEARLY HIGH

0.0305 BOB

YEARLY LOW

0.0225 BOB

YEARLY AVERAGE

0.0248 BOB

2023 PKR to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PKR to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0305. Conversely, the yearly low was recorded on September 6, dropping to 0.0225.

This high-to-low spread represents a total annual volatility of 0.0080 BOB. From a start-to-finish perspective, comparing the January average rate of 0.0296 to the December average rate of 0.0245, the exchange rate registered a net change of -17.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0305 was down 22.77% compared to the 2022 peak of 0.0395, 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 15,244 BOB

2022 Average 17,017 BOB

Yearly Trough Low 11,227 BOB

Transaction Impact: A difference of 4,017.17 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0303

0.0226

JanuMarcMayJulySeptNove

PKR to BOB 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 0.0255, compared to 0.0241 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 0.0255

H2 Avg (Jul–Dec) 0.0241

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0047 BOB (High: 0.0305 / Low: 0.0258). On the other end, June was the most stable month, with a tight range of 0.0002 BOB (High: 0.0242 / Low: 0.0240).

January Spread (Volatile) ±0.0047

June Spread (Stable) ±0.0002

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 0.0036 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0036

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0296) against the same month in 2022 (average: 0.0390), the exchange rate shifted by -0.0094 (-24.08%).

2023 Avg (January) 0.0296

2022 Avg (January) 0.0390

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0305	0.0258	0.0296
February	0.0278	0.0251	0.0260
March	0.0264	0.0243	0.0246
April	0.0247	0.0240	0.0244
May	0.0244	0.0234	0.0242
June	0.0242	0.0240	0.0241
July	0.0254	0.0240	0.0245
August	0.0244	0.0227	0.0236
September	0.0240	0.0225	0.0232
October	0.0251	0.0240	0.0247
November	0.0248	0.0240	0.0243
December	0.0248	0.0242	0.0245