YEARLY HIGH
0.0213 LYD
YEARLY LOW
0.0157 LYD
YEARLY AVERAGE
0.0173 LYD

2023 PKR to LYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PKR to LYD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0213. Conversely, the yearly low was recorded on September 5, dropping to 0.0157.

This high-to-low spread represents a total annual volatility of 0.0056 LYD. From a start-to-finish perspective, comparing the January average rate of 0.0205 to the December average rate of 0.0170, the exchange rate registered a net change of -16.85% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0213 was down 19.15% compared to the 2022 peak of 0.0263, 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 10,649 LYD
2022 Average 11,833 LYD
Yearly Trough Low 7,829 LYD
Transaction Impact: A difference of 2,819.95 LYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0209
0.0159
JanuMarcMayJulySeptNove

PKR to LYD 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 0.0177, compared to 0.0169 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0177
H2 Avg (Jul–Dec) 0.0169

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0035 LYD (High: 0.0213 / Low: 0.0177). On the other end, June was the most stable month, with a tight range of 0.0002 LYD (High: 0.0169 / Low: 0.0167).

January Spread (Volatile) ±0.0035
June Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0024 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0024

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0205) against the same month in 2022 (average: 0.0260), the exchange rate shifted by -0.0055 (-21.13%).

2023 Avg (January) 0.0205
2022 Avg (January) 0.0260

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0213 0.0177 0.0205
February 0.0191 0.0173 0.0181
March 0.0184 0.0168 0.0172
April 0.0170 0.0165 0.0168
May 0.0169 0.0161 0.0167
June 0.0169 0.0167 0.0168
July 0.0175 0.0165 0.0169
August 0.0169 0.0159 0.0164
September 0.0170 0.0157 0.0163
October 0.0178 0.0169 0.0175
November 0.0176 0.0168 0.0171
December 0.0172 0.0168 0.0170