2023 PKR to DJF Historical Review

YEARLY HIGH

0.7843 DJF

YEARLY LOW

0.5777 DJF

YEARLY AVERAGE

0.6389 DJF

2023 PKR to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PKR to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.7843. Conversely, the yearly low was recorded on September 5, dropping to 0.5777.

This high-to-low spread represents a total annual volatility of 0.2066 DJF. From a start-to-finish perspective, comparing the January average rate of 0.7620 to the December average rate of 0.6315, the exchange rate registered a net change of -17.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.7843 was down 23.19% compared to the 2022 peak of 1.0212, 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 392,171 DJF

2022 Average 439,552 DJF

Yearly Trough Low 288,869 DJF

Transaction Impact: A difference of 103,302.70 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.7784

0.5819

JanuMarcMayJulySeptNove

PKR to DJF 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 0.6562, compared to 0.6216 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0346 points.

H1 Avg (Jan–Jun) 0.6562

H2 Avg (Jul–Dec) 0.6216

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.1206 DJF (High: 0.7843 / Low: 0.6637). On the other end, June was the most stable month, with a tight range of 0.0066 DJF (High: 0.6242 / Low: 0.6176).

January Spread (Volatile) ±0.1206

June Spread (Stable) ±0.0066

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 0.0912 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0912

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.7620) against the same month in 2022 (average: 1.0074), the exchange rate shifted by -0.2454 (-24.36%).

2023 Avg (January) 0.7620

2022 Avg (January) 1.0074

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7843	0.6637	0.7620
February	0.7173	0.6455	0.6708
March	0.6787	0.6266	0.6343
April	0.6361	0.6156	0.6263
May	0.6277	0.6009	0.6226
June	0.6242	0.6176	0.6210
July	0.6498	0.6170	0.6311
August	0.6272	0.5836	0.6065
September	0.6203	0.5777	0.5983
October	0.6463	0.6174	0.6367
November	0.6353	0.6160	0.6253
December	0.6400	0.6223	0.6315