2023 PKR to JPY Historical Review

YEARLY HIGH

0.5870 JPY

YEARLY LOW

0.4537 JPY

YEARLY AVERAGE

0.5038 JPY

2023 PKR to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PKR to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.5870. Conversely, the yearly low was recorded on April 5, dropping to 0.4537.

This high-to-low spread represents a total annual volatility of 0.1333 JPY. From a start-to-finish perspective, comparing the January average rate of 0.5581 to the December average rate of 0.5094, the exchange rate registered a net change of -8.73% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5870 was down 16.66% compared to the 2022 peak of 0.7043, 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 293,500 JPY

2022 Average 322,156 JPY

Yearly Trough Low 226,857 JPY

Transaction Impact: A difference of 66,642.19 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5669

0.4622

JanuMarcMayJulySeptNove

PKR to JPY 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 0.4970, compared to 0.5107 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0137 points.

H1 Avg (Jan–Jun) 0.4970

H2 Avg (Jul–Dec) 0.5107

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.1014 JPY (High: 0.5870 / Low: 0.4856). On the other end, June was the most stable month, with a tight range of 0.0218 JPY (High: 0.5055 / Low: 0.4837).

January Spread (Volatile) ±0.1014

June Spread (Stable) ±0.0218

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 0.0560 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0560

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.5581) against the same month in 2022 (average: 0.6505), the exchange rate shifted by -0.0924 (-14.20%).

2023 Avg (January) 0.5581

2022 Avg (January) 0.6505

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5870	0.4856	0.5581
February	0.5292	0.4754	0.5021
March	0.5197	0.4618	0.4770
April	0.4859	0.4537	0.4709
May	0.4932	0.4549	0.4804
June	0.5055	0.4837	0.4931
July	0.5218	0.4841	0.5014
August	0.5082	0.4795	0.4936
September	0.5192	0.4774	0.4968
October	0.5449	0.5173	0.5354
November	0.5372	0.5147	0.5274
December	0.5239	0.5013	0.5094