YEARLY HIGH
0.0196 PLN
YEARLY LOW
0.0134 PLN
YEARLY AVERAGE
0.0151 PLN

2023 PKR to PLN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PKR to PLN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.0196. Conversely, the yearly low was recorded on August 30, dropping to 0.0134.

This high-to-low spread represents a total annual volatility of 0.0062 PLN. From a start-to-finish perspective, comparing the January average rate of 0.0186 to the December average rate of 0.0141, the exchange rate registered a net change of -24.33% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0196 was down 23.97% compared to the 2022 peak of 0.0258, 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 9,797 PLN
2022 Average 10,952 PLN
Yearly Trough Low 6,710 PLN
Transaction Impact: A difference of 3,086.47 PLN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0191
0.0135
JanuMarcMayJulySeptNove

PKR to PLN 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 0.0158, compared to 0.0144 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 0.0158
H2 Avg (Jul–Dec) 0.0144

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0034 PLN (High: 0.0196 / Low: 0.0162). On the other end, December was the most stable month, with a tight range of 0.0004 PLN (High: 0.0142 / Low: 0.0138).

January Spread (Volatile) ±0.0034
December Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between August and October, 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 0.0019 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0019

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0186) against the same month in 2022 (average: 0.0228), the exchange rate shifted by -0.0042 (-18.43%).

2023 Avg (January) 0.0186
2022 Avg (January) 0.0228

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0196 0.0162 0.0186
February 0.0174 0.0159 0.0167
March 0.0167 0.0151 0.0156
April 0.0153 0.0146 0.0149
May 0.0148 0.0141 0.0146
June 0.0147 0.0141 0.0144
July 0.0149 0.0139 0.0143
August 0.0143 0.0134 0.0139
September 0.0153 0.0135 0.0145
October 0.0156 0.0150 0.0153
November 0.0151 0.0137 0.0143
December 0.0142 0.0138 0.0141