YEARLY HIGH
0.0754 LSL
YEARLY LOW
0.0609 LSL
YEARLY AVERAGE
0.0662 LSL

2023 PKR to LSL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PKR to LSL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.0754. Conversely, the yearly low was recorded on August 29, dropping to 0.0609.

This high-to-low spread represents a total annual volatility of 0.0144 LSL. From a start-to-finish perspective, comparing the January average rate of 0.0733 to the December average rate of 0.0662, the exchange rate registered a net change of -9.71% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0754 was down 16.83% compared to the 2022 peak of 0.0906, 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 37,690 LSL
2022 Average 40,166 LSL
Yearly Trough Low 30,470 LSL
Transaction Impact: A difference of 7,220.10 LSL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0743
0.0628
JanuMarcMayJulySeptNove

PKR to LSL 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 0.0670, compared to 0.0654 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0016 points.

H1 Avg (Jan–Jun) 0.0670
H2 Avg (Jul–Dec) 0.0654

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0103 LSL (High: 0.0754 / Low: 0.0651). On the other end, December was the most stable month, with a tight range of 0.0026 LSL (High: 0.0673 / Low: 0.0647).

January Spread (Volatile) ±0.0103
December Spread (Stable) ±0.0026

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 0.0058 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0058

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0733) against the same month in 2022 (average: 0.0877), the exchange rate shifted by -0.0144 (-16.41%).

2023 Avg (January) 0.0733
2022 Avg (January) 0.0877

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0754 0.0651 0.0733
February 0.0714 0.0630 0.0675
March 0.0697 0.0628 0.0652
April 0.0653 0.0622 0.0639
May 0.0692 0.0642 0.0666
June 0.0693 0.0633 0.0653
July 0.0696 0.0613 0.0648
August 0.0678 0.0609 0.0641
September 0.0665 0.0612 0.0637
October 0.0695 0.0654 0.0682
November 0.0690 0.0630 0.0655
December 0.0673 0.0647 0.0662