2023 PKR to RON Historical Review

YEARLY HIGH

0.0206 RON

YEARLY LOW

0.0148 RON

YEARLY AVERAGE

0.0164 RON

2023 PKR to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PKR to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.0206. Conversely, the yearly low was recorded on August 30, dropping to 0.0148.

This high-to-low spread represents a total annual volatility of 0.0058 RON. From a start-to-finish perspective, comparing the January average rate of 0.0196 to the December average rate of 0.0161, the exchange rate registered a net change of -17.62% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0206 was down 19.40% compared to the 2022 peak of 0.0256, 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 10,317 RON

2022 Average 11,532 RON

Yearly Trough Low 7,418 RON

Transaction Impact: A difference of 2,898.93 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0200

0.0150

JanuMarcMayJulySeptNove

PKR to RON 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 0.0169, compared to 0.0160 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0169

H2 Avg (Jul–Dec) 0.0160

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0037 RON (High: 0.0206 / Low: 0.0169). On the other end, December was the most stable month, with a tight range of 0.0004 RON (High: 0.0163 / Low: 0.0159).

January Spread (Volatile) ±0.0037

December Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between April and June, 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 0.0023 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0196) against the same month in 2022 (average: 0.0247), the exchange rate shifted by -0.0052 (-20.82%).

2023 Avg (January) 0.0196

2022 Avg (January) 0.0247

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0206	0.0169	0.0196
February	0.0181	0.0165	0.0173
March	0.0176	0.0160	0.0164
April	0.0162	0.0156	0.0159
May	0.0163	0.0153	0.0159
June	0.0162	0.0157	0.0160
July	0.0166	0.0155	0.0159
August	0.0159	0.0148	0.0154
September	0.0164	0.0149	0.0156
October	0.0171	0.0162	0.0168
November	0.0167	0.0158	0.0162
December	0.0163	0.0159	0.0161