2023 PKR to EGP Historical Review

YEARLY HIGH

0.1299 EGP

YEARLY LOW

0.1004 EGP

YEARLY AVERAGE

0.1100 EGP

2023 PKR to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PKR to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 19, valuing the pair at 0.1299. Conversely, the yearly low was recorded on September 5, dropping to 0.1004.

This high-to-low spread represents a total annual volatility of 0.0295 EGP. From a start-to-finish perspective, comparing the January average rate of 0.1225 to the December average rate of 0.1096, the exchange rate registered a net change of -10.59% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1299 was up 16.97% compared to the 2022 peak of 0.1111, 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 64,966 EGP

2022 Average 46,917 EGP

Yearly Trough Low 50,194 EGP

Transaction Impact: A difference of 14,772.47 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1244

0.1020

JanuMarcMayJulySeptNove

PKR to EGP 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 0.1120, compared to 0.1080 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0040 points.

H1 Avg (Jan–Jun) 0.1120

H2 Avg (Jul–Dec) 0.1080

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0209 EGP (High: 0.1299 / Low: 0.1090). On the other end, June was the most stable month, with a tight range of 0.0010 EGP (High: 0.1084 / Low: 0.1074).

January Spread (Volatile) ±0.0209

June Spread (Stable) ±0.0010

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 0.0077 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0077

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.1225) against the same month in 2022 (average: 0.0890), the exchange rate shifted by +0.0335 (+37.63%).

2023 Avg (January) 0.1225

2022 Avg (January) 0.0890

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1299	0.1090	0.1225
February	0.1209	0.1097	0.1149
March	0.1169	0.1082	0.1100
April	0.1107	0.1067	0.1087
May	0.1096	0.1039	0.1080
June	0.1084	0.1074	0.1078
July	0.1134	0.1074	0.1097
August	0.1092	0.1014	0.1054
September	0.1074	0.1004	0.1038
October	0.1124	0.1074	0.1106
November	0.1110	0.1072	0.1087
December	0.1111	0.1083	0.1096