2023 PKR to GBP Historical Review

YEARLY HIGH

0.0037 GBP

YEARLY LOW

0.0026 GBP

YEARLY AVERAGE

0.0029 GBP

2023 PKR to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PKR to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.0037. Conversely, the yearly low was recorded on August 30, dropping to 0.0026.

This high-to-low spread represents a total annual volatility of 0.0011 GBP. From a start-to-finish perspective, comparing the January average rate of 0.0035 to the December average rate of 0.0028, the exchange rate registered a net change of -20.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0037 was down 15.29% compared to the 2022 peak of 0.0044, 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 1,849 GBP

2022 Average 1,993 GBP

Yearly Trough Low 1,291 GBP

Transaction Impact: A difference of 557.58 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0036

0.0026

JanuMarcMayJulySeptNove

PKR to GBP 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 0.0030, compared to 0.0028 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0030

H2 Avg (Jul–Dec) 0.0028

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0007 GBP (High: 0.0037 / Low: 0.0030). On the other end, December was the most stable month, with a tight range of 0.0001 GBP (High: 0.0028 / Low: 0.0028).

January Spread (Volatile) ±0.0007

December Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between August and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0004 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0035) against the same month in 2022 (average: 0.0042), the exchange rate shifted by -0.0007 (-16.18%).

2023 Avg (January) 0.0035

2022 Avg (January) 0.0042

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0037	0.0030	0.0035
February	0.0033	0.0030	0.0031
March	0.0032	0.0028	0.0029
April	0.0029	0.0028	0.0028
May	0.0028	0.0027	0.0028
June	0.0028	0.0027	0.0028
July	0.0029	0.0027	0.0028
August	0.0028	0.0026	0.0027
September	0.0029	0.0026	0.0027
October	0.0030	0.0028	0.0029
November	0.0029	0.0028	0.0028
December	0.0028	0.0028	0.0028