2023 PKR to NZD Historical Review

YEARLY HIGH

0.0071 NZD

YEARLY LOW

0.0054 NZD

YEARLY AVERAGE

0.0058 NZD

2023 PKR to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PKR to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.0071. Conversely, the yearly low was recorded on May 11, dropping to 0.0054.

This high-to-low spread represents a total annual volatility of 0.0017 NZD. From a start-to-finish perspective, comparing the January average rate of 0.0067 to the December average rate of 0.0057, the exchange rate registered a net change of -14.97% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0071 was down 18.35% compared to the 2022 peak of 0.0087, 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 3,536 NZD

2022 Average 3,877 NZD

Yearly Trough Low 2,687 NZD

Transaction Impact: A difference of 848.69 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0068

0.0055

JanuMarcMayJulySeptNove

PKR to NZD 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 0.0059, compared to 0.0058 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0059

H2 Avg (Jul–Dec) 0.0058

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0013 NZD (High: 0.0071 / Low: 0.0058). On the other end, December was the most stable month, with a tight range of 0.0002 NZD (High: 0.0058 / Low: 0.0056).

January Spread (Volatile) ±0.0013

December 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 0.0007 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0067) against the same month in 2022 (average: 0.0084), the exchange rate shifted by -0.0017 (-20.34%).

2023 Avg (January) 0.0067

2022 Avg (January) 0.0084

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0071	0.0058	0.0067
February	0.0063	0.0057	0.0060
March	0.0061	0.0056	0.0058
April	0.0058	0.0055	0.0057
May	0.0058	0.0054	0.0056
June	0.0058	0.0056	0.0057
July	0.0059	0.0056	0.0057
August	0.0058	0.0055	0.0057
September	0.0059	0.0055	0.0057
October	0.0062	0.0058	0.0061
November	0.0061	0.0057	0.0059
December	0.0058	0.0056	0.0057