2023 PKR to CAD Historical Review

YEARLY HIGH

0.0060 CAD

YEARLY LOW

0.0044 CAD

YEARLY AVERAGE

0.0048 CAD

2023 PKR to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PKR to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.0060. Conversely, the yearly low was recorded on September 5, dropping to 0.0044.

This high-to-low spread represents a total annual volatility of 0.0016 CAD. From a start-to-finish perspective, comparing the January average rate of 0.0058 to the December average rate of 0.0048, the exchange rate registered a net change of -17.37% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0060 was down 17.53% compared to the 2022 peak of 0.0073, 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 3,013 CAD

2022 Average 3,207 CAD

Yearly Trough Low 2,213 CAD

Transaction Impact: A difference of 799.36 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0059

0.0044

JanuMarcMayJulySeptNove

PKR to CAD 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 0.0050, compared to 0.0047 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) 0.0050

H2 Avg (Jul–Dec) 0.0047

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0011 CAD (High: 0.0060 / Low: 0.0050). On the other end, June was the most stable month, with a tight range of 0.0001 CAD (High: 0.0047 / Low: 0.0046).

January Spread (Volatile) ±0.0011

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 0.0007 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0058) against the same month in 2022 (average: 0.0072), the exchange rate shifted by -0.0014 (-19.55%).

2023 Avg (January) 0.0058

2022 Avg (January) 0.0072

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0060	0.0050	0.0058
February	0.0054	0.0049	0.0051
March	0.0052	0.0048	0.0049
April	0.0049	0.0047	0.0048
May	0.0048	0.0046	0.0047
June	0.0047	0.0046	0.0046
July	0.0049	0.0046	0.0047
August	0.0047	0.0044	0.0046
September	0.0047	0.0044	0.0046
October	0.0050	0.0047	0.0049
November	0.0049	0.0047	0.0048
December	0.0048	0.0047	0.0048