2023 PKR to GNF Historical Review

YEARLY HIGH

38.6791 GNF

YEARLY LOW

27.8945 GNF

YEARLY AVERAGE

30.9667 GNF

2023 PKR to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PKR to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 38.6791. Conversely, the yearly low was recorded on September 6, dropping to 27.8945.

This high-to-low spread represents a total annual volatility of 10.7847 GNF. From a start-to-finish perspective, comparing the January average rate of 37.1585 to the December average rate of 30.5022, the exchange rate registered a net change of -17.91% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 38.6791 was down 26.88% compared to the 2022 peak of 52.8947, 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 19,339,571 GNF

2022 Average 21,779,750 GNF

Yearly Trough Low 13,947,241 GNF

Transaction Impact: A difference of 5,392,330.21 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

37.9823

28.0966

JanuMarcMayJulySeptNove

PKR to GNF 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 31.8640, compared to 30.0694 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.7946 points.

H1 Avg (Jan–Jun) 31.8640

H2 Avg (Jul–Dec) 30.0694

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 6.5500 GNF (High: 38.6791 / Low: 32.1292). On the other end, June was the most stable month, with a tight range of 0.3598 GNF (High: 30.3091 / Low: 29.9493).

January Spread (Volatile) ±6.5500

June Spread (Stable) ±0.3598

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 4.5779 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -4.5779

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 37.1585) against the same month in 2022 (average: 51.5225), the exchange rate shifted by -14.3640 (-27.88%).

2023 Avg (January) 37.1585

2022 Avg (January) 51.5225

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	38.6791	32.1292	37.1585
February	34.6863	31.5034	32.5806
March	33.1368	30.3582	30.8377
April	30.7054	29.8295	30.3208
May	30.4915	29.1457	30.1904
June	30.3091	29.9493	30.0961
July	31.7577	29.8803	30.5748
August	30.3424	28.2033	29.3589
September	30.0608	27.8945	28.9204
October	31.1805	29.7970	30.7875
November	31.0705	29.9035	30.2728
December	30.9079	30.1692	30.5022