2023 PKR to GEL Historical Review

YEARLY HIGH

0.0119 GEL

YEARLY LOW

0.0085 GEL

YEARLY AVERAGE

0.0094 GEL

2023 PKR to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PKR to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0119. Conversely, the yearly low was recorded on September 6, dropping to 0.0085.

This high-to-low spread represents a total annual volatility of 0.0034 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0114 to the December average rate of 0.0095, the exchange rate registered a net change of -16.69% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0119 was down 38.17% compared to the 2022 peak of 0.0193, 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 5,956 GEL

2022 Average 7,232 GEL

Yearly Trough Low 4,260 GEL

Transaction Impact: A difference of 1,695.90 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0117

0.0086

JanuMarcMayJulySeptNove

PKR to GEL 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 0.0096, compared to 0.0093 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) 0.0096

H2 Avg (Jul–Dec) 0.0093

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0021 GEL (High: 0.0119 / Low: 0.0098). On the other end, June was the most stable month, with a tight range of 0.0002 GEL (High: 0.0092 / Low: 0.0091).

January Spread (Volatile) ±0.0021

June Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between April and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0015 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0114) against the same month in 2022 (average: 0.0174), the exchange rate shifted by -0.0060 (-34.44%).

2023 Avg (January) 0.0114

2022 Avg (January) 0.0174

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0119	0.0098	0.0114
February	0.0105	0.0096	0.0100
March	0.0100	0.0090	0.0092
April	0.0090	0.0087	0.0089
May	0.0091	0.0087	0.0089
June	0.0092	0.0091	0.0091
July	0.0095	0.0090	0.0092
August	0.0092	0.0086	0.0089
September	0.0093	0.0085	0.0089
October	0.0098	0.0093	0.0096
November	0.0098	0.0093	0.0095
December	0.0097	0.0094	0.0095