YEARLY HIGH
0.0241 BRL
YEARLY LOW
0.0160 BRL
YEARLY AVERAGE
0.0180 BRL

2023 PKR to BRL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PKR to BRL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.0241. Conversely, the yearly low was recorded on August 29, dropping to 0.0160.

This high-to-low spread represents a total annual volatility of 0.0082 BRL. From a start-to-finish perspective, comparing the January average rate of 0.0223 to the December average rate of 0.0174, the exchange rate registered a net change of -21.97% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0241 was down 25.29% compared to the 2022 peak of 0.0323, 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 12,074 BRL
2022 Average 12,737 BRL
Yearly Trough Low 7,977 BRL
Transaction Impact: A difference of 4,096.99 BRL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0228
0.0161
JanuMarcMayJulySeptNove

PKR to BRL 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 0.0187, compared to 0.0172 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.0187
H2 Avg (Jul–Dec) 0.0172

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0052 BRL (High: 0.0241 / Low: 0.0189). On the other end, December was the most stable month, with a tight range of 0.0005 BRL (High: 0.0176 / Low: 0.0170).

January Spread (Volatile) ±0.0052
December Spread (Stable) ±0.0005

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 0.0027 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0027

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0223) against the same month in 2022 (average: 0.0313), the exchange rate shifted by -0.0090 (-28.87%).

2023 Avg (January) 0.0223
2022 Avg (January) 0.0313

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0241 0.0189 0.0223
February 0.0206 0.0187 0.0195
March 0.0198 0.0178 0.0186
April 0.0181 0.0171 0.0177
May 0.0178 0.0166 0.0174
June 0.0176 0.0166 0.0169
July 0.0179 0.0164 0.0170
August 0.0173 0.0160 0.0167
September 0.0175 0.0161 0.0166
October 0.0185 0.0175 0.0181
November 0.0177 0.0169 0.0173
December 0.0176 0.0170 0.0174