2023 PKR to PYG Historical Review

YEARLY HIGH

32.4921 PYG

YEARLY LOW

23.6015 PYG

YEARLY AVERAGE

26.1879 PYG

2023 PKR to PYG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PKR to PYG exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 32.4921. Conversely, the yearly low was recorded on September 6, dropping to 23.6015.

This high-to-low spread represents a total annual volatility of 8.8906 PYG. From a start-to-finish perspective, comparing the January average rate of 31.6230 to the December average rate of 26.0922, the exchange rate registered a net change of -17.49% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 32.4921 was down 19.44% compared to the 2022 peak of 40.3339, 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 16,246,047 PYG

2022 Average 17,222,292 PYG

Yearly Trough Low 11,800,727 PYG

Transaction Impact: A difference of 4,445,319.77 PYG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

32.3401

23.7347

JanuMarcMayJulySeptNove

PKR to PYG 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 26.7586, compared to 25.6173 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.1413 points.

H1 Avg (Jan–Jun) 26.7586

H2 Avg (Jul–Dec) 25.6173

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 4.9318 PYG (High: 32.4921 / Low: 27.5603). On the other end, June was the most stable month, with a tight range of 0.3320 PYG (High: 25.4941 / Low: 25.1621).

January Spread (Volatile) ±4.9318

June Spread (Stable) ±0.3320

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 4.1040 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -4.1040

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 31.6230) against the same month in 2022 (average: 39.4507), the exchange rate shifted by -7.8277 (-19.84%).

2023 Avg (January) 31.6230

2022 Avg (January) 39.4507

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	32.4921	27.5603	31.6230
February	29.4450	26.4751	27.5190
March	27.7846	25.1801	25.6650
April	25.6776	24.8357	25.2387
May	25.5199	24.3277	25.2082
June	25.4941	25.1621	25.2975
July	26.5721	25.2613	25.7985
August	25.7075	23.9040	24.7935
September	25.3907	23.6015	24.4518
October	26.9386	25.3037	26.3882
November	26.8257	25.7803	26.1795
December	26.4187	25.8168	26.0922