2023 PKR to INR Historical Review

YEARLY HIGH

0.3651 INR

YEARLY LOW

0.2697 INR

YEARLY AVERAGE

0.2966 INR

2023 PKR to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PKR to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.3651. Conversely, the yearly low was recorded on September 5, dropping to 0.2697.

This high-to-low spread represents a total annual volatility of 0.0954 INR. From a start-to-finish perspective, comparing the January average rate of 0.3504 to the December average rate of 0.2952, the exchange rate registered a net change of -15.76% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3651 was down 15.73% compared to the 2022 peak of 0.4332, 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 182,548 INR

2022 Average 193,450 INR

Yearly Trough Low 134,840 INR

Transaction Impact: A difference of 47,707.87 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3575

0.2720

JanuMarcMayJulySeptNove

PKR to INR 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 0.3032, compared to 0.2900 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0133 points.

H1 Avg (Jan–Jun) 0.3032

H2 Avg (Jul–Dec) 0.2900

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0600 INR (High: 0.3651 / Low: 0.3051). On the other end, June was the most stable month, with a tight range of 0.0039 INR (High: 0.2889 / Low: 0.2850).

January Spread (Volatile) ±0.0600

June Spread (Stable) ±0.0039

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 0.0390 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0390

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.3504) against the same month in 2022 (average: 0.4217), the exchange rate shifted by -0.0713 (-16.91%).

2023 Avg (January) 0.3504

2022 Avg (January) 0.4217

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3651	0.3051	0.3504
February	0.3288	0.3001	0.3114
March	0.3145	0.2894	0.2936
April	0.2935	0.2840	0.2889
May	0.2908	0.2777	0.2882
June	0.2889	0.2850	0.2867
July	0.3034	0.2844	0.2920
August	0.2920	0.2712	0.2824
September	0.2893	0.2697	0.2791
October	0.3027	0.2873	0.2979
November	0.2987	0.2885	0.2931
December	0.2991	0.2919	0.2952