2023 PKR to GYD Historical Review

YEARLY HIGH

0.9232 GYD

YEARLY LOW

0.6799 GYD

YEARLY AVERAGE

0.7549 GYD

2023 PKR to GYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PKR to GYD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.9232. Conversely, the yearly low was recorded on September 6, dropping to 0.6799.

This high-to-low spread represents a total annual volatility of 0.2433 GYD. From a start-to-finish perspective, comparing the January average rate of 0.8989 to the December average rate of 0.7428, the exchange rate registered a net change of -17.36% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.9232 was down 23.04% compared to the 2022 peak of 1.1994, 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 461,575 GYD

2022 Average 516,620 GYD

Yearly Trough Low 339,949 GYD

Transaction Impact: A difference of 121,626.45 GYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.9185

0.6835

JanuMarcMayJulySeptNove

PKR to GYD 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 0.7783, compared to 0.7316 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0466 points.

H1 Avg (Jan–Jun) 0.7783

H2 Avg (Jul–Dec) 0.7316

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.1358 GYD (High: 0.9232 / Low: 0.7874). On the other end, June was the most stable month, with a tight range of 0.0066 GYD (High: 0.7419 / Low: 0.7353).

January Spread (Volatile) ±0.1358

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 0.1036 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.1036

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.8989) against the same month in 2022 (average: 1.1847), the exchange rate shifted by -0.2858 (-24.12%).

2023 Avg (January) 0.8989

2022 Avg (January) 1.1847

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9232	0.7874	0.8989
February	0.8502	0.7651	0.7953
March	0.8050	0.7436	0.7522
April	0.7555	0.7332	0.7452
May	0.7459	0.7151	0.7400
June	0.7419	0.7353	0.7379
July	0.7747	0.7273	0.7454
August	0.7381	0.6876	0.7136
September	0.7278	0.6799	0.7031
October	0.7602	0.7254	0.7488
November	0.7510	0.7258	0.7361
December	0.7526	0.7337	0.7428