2023 PKR to LRD Historical Review

YEARLY HIGH

0.6817 LRD

YEARLY LOW

0.5432 LRD

YEARLY AVERAGE

0.6255 LRD

2023 PKR to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PKR to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.6817. Conversely, the yearly low was recorded on March 26, dropping to 0.5432.

This high-to-low spread represents a total annual volatility of 0.1385 LRD. From a start-to-finish perspective, comparing the January average rate of 0.6660 to the December average rate of 0.6675, the exchange rate registered a net change of 0.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.6817 was down 22.53% compared to the 2022 peak of 0.8799, 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 340,833 LRD

2022 Average 377,258 LRD

Yearly Trough Low 271,577 LRD

Transaction Impact: A difference of 69,255.48 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.6790

0.5595

JanuMarcMayJulySeptNove

PKR to LRD 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 0.5990, compared to 0.6519 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0529 points.

H1 Avg (Jan–Jun) 0.5990

H2 Avg (Jul–Dec) 0.6519

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0967 LRD (High: 0.6817 / Low: 0.5849). On the other end, December was the most stable month, with a tight range of 0.0178 LRD (High: 0.6774 / Low: 0.6597).

January Spread (Volatile) ±0.0967

December Spread (Stable) ±0.0178

Growth Streaks & Declines

Trends

Between March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0764 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0764

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.6660) against the same month in 2022 (average: 0.8463), the exchange rate shifted by -0.1803 (-21.30%).

2023 Avg (January) 0.6660

2022 Avg (January) 0.8463

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6817	0.5849	0.6660
February	0.6139	0.5698	0.5896
March	0.6065	0.5432	0.5694
April	0.5887	0.5629	0.5751
May	0.5926	0.5640	0.5845
June	0.6287	0.5912	0.6093
July	0.6721	0.6286	0.6526
August	0.6584	0.6104	0.6352
September	0.6486	0.6037	0.6263
October	0.6799	0.6459	0.6690
November	0.6737	0.6515	0.6611
December	0.6774	0.6597	0.6675