YEARLY HIGH
0.3780 KGS
YEARLY LOW
0.2865 KGS
YEARLY AVERAGE
0.3154 KGS

2023 PKR to KGS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PKR to KGS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.3780. Conversely, the yearly low was recorded on September 5, dropping to 0.2865.

This high-to-low spread represents a total annual volatility of 0.0915 KGS. From a start-to-finish perspective, comparing the January average rate of 0.3669 to the December average rate of 0.3161, the exchange rate registered a net change of -13.85% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3780 was down 33.38% compared to the 2022 peak of 0.5674, 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 189,013 KGS
2022 Average 208,714 KGS
Yearly Trough Low 143,250 KGS
Transaction Impact: A difference of 45,763.61 KGS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3738
0.2907
JanuMarcMayJulySeptNove

PKR to KGS 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 0.3211, compared to 0.3097 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0114 points.

H1 Avg (Jan–Jun) 0.3211
H2 Avg (Jul–Dec) 0.3097

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0565 KGS (High: 0.3780 / Low: 0.3215). On the other end, June was the most stable month, with a tight range of 0.0031 KGS (High: 0.3072 / Low: 0.3041).

January Spread (Volatile) ±0.0565
June Spread (Stable) ±0.0031

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 0.0391 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0391

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.3669) against the same month in 2022 (average: 0.4803), the exchange rate shifted by -0.1134 (-23.61%).

2023 Avg (January) 0.3669
2022 Avg (January) 0.4803

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3780 0.3215 0.3669
February 0.3443 0.3135 0.3278
March 0.3335 0.3080 0.3121
April 0.3136 0.3029 0.3084
May 0.3089 0.2953 0.3062
June 0.3072 0.3041 0.3052
July 0.3221 0.3044 0.3116
August 0.3099 0.2896 0.3003
September 0.3084 0.2865 0.2976
October 0.3248 0.3069 0.3190
November 0.3208 0.3096 0.3139
December 0.3202 0.3127 0.3161