2023 PKR to NIO Historical Review

YEARLY HIGH

0.1610 NIO

YEARLY LOW

0.1189 NIO

YEARLY AVERAGE

0.1313 NIO

2023 PKR to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PKR to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.1610. Conversely, the yearly low was recorded on September 5, dropping to 0.1189.

This high-to-low spread represents a total annual volatility of 0.0422 NIO. From a start-to-finish perspective, comparing the January average rate of 0.1564 to the December average rate of 0.1300, the exchange rate registered a net change of -16.86% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1610 was down 22.79% compared to the 2022 peak of 0.2086, 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 80,524 NIO

2022 Average 88,519 NIO

Yearly Trough Low 59,446 NIO

Transaction Impact: A difference of 21,077.97 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1597

0.1196

JanuMarcMayJulySeptNove

PKR to NIO 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 0.1347, compared to 0.1279 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0069 points.

H1 Avg (Jan–Jun) 0.1347

H2 Avg (Jul–Dec) 0.1279

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0247 NIO (High: 0.1610 / Low: 0.1364). On the other end, June was the most stable month, with a tight range of 0.0011 NIO (High: 0.1283 / Low: 0.1271).

January Spread (Volatile) ±0.0247

June Spread (Stable) ±0.0011

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 0.0189 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0189

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.1564) against the same month in 2022 (average: 0.2007), the exchange rate shifted by -0.0443 (-22.08%).

2023 Avg (January) 0.1564

2022 Avg (January) 0.2007

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1610	0.1364	0.1564
February	0.1468	0.1323	0.1375
March	0.1390	0.1289	0.1303
April	0.1306	0.1267	0.1287
May	0.1289	0.1235	0.1279
June	0.1283	0.1271	0.1275
July	0.1342	0.1270	0.1298
August	0.1291	0.1202	0.1247
September	0.1272	0.1189	0.1229
October	0.1328	0.1268	0.1310
November	0.1318	0.1268	0.1288
December	0.1316	0.1287	0.1300