2023 PKR to NAD Historical Review

YEARLY HIGH

0.0754 NAD

YEARLY LOW

0.0608 NAD

YEARLY AVERAGE

0.0663 NAD

2023 PKR to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PKR to NAD 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 0.0608.

This high-to-low spread represents a total annual volatility of 0.0146 NAD. From a start-to-finish perspective, comparing the January average rate of 0.0732 to the December average rate of 0.0663, the exchange rate registered a net change of -9.51% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0754 was down 16.81% 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 NAD

2022 Average 40,044 NAD

Yearly Trough Low 30,378 NAD

Transaction Impact: A difference of 7,311.95 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0742

0.0628

JanuMarcMayJulySeptNove

PKR to NAD 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 0.0657 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.0670

H2 Avg (Jul–Dec) 0.0657

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0112 NAD (High: 0.0754 / Low: 0.0642). On the other end, April was the most stable month, with a tight range of 0.0030 NAD (High: 0.0653 / Low: 0.0623).

January Spread (Volatile) ±0.0112

April Spread (Stable) ±0.0030

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: 0.0732) against the same month in 2022 (average: 0.0878), the exchange rate shifted by -0.0146 (-16.63%).

2023 Avg (January) 0.0732

2022 Avg (January) 0.0878

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0754	0.0642	0.0732
February	0.0714	0.0620	0.0674
March	0.0697	0.0630	0.0653
April	0.0653	0.0623	0.0641
May	0.0691	0.0644	0.0668
June	0.0691	0.0633	0.0654
July	0.0692	0.0615	0.0648
August	0.0693	0.0608	0.0643
September	0.0665	0.0609	0.0638
October	0.0730	0.0655	0.0689
November	0.0705	0.0631	0.0660
December	0.0679	0.0647	0.0663