2023 PKR to SBD Historical Review

YEARLY HIGH

0.0365 SBD

YEARLY LOW

0.0272 SBD

YEARLY AVERAGE

0.0300 SBD

2023 PKR to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PKR to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0365. Conversely, the yearly low was recorded on September 5, dropping to 0.0272.

This high-to-low spread represents a total annual volatility of 0.0094 SBD. From a start-to-finish perspective, comparing the January average rate of 0.0354 to the December average rate of 0.0300, the exchange rate registered a net change of -15.37% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0365 was down 21.35% compared to the 2022 peak of 0.0464, 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 18,262 SBD

2022 Average 20,078 SBD

Yearly Trough Low 13,583 SBD

Transaction Impact: A difference of 4,679.67 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0362

0.0275

JanuMarcMayJulySeptNove

PKR to SBD 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 0.0306, compared to 0.0294 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.0306

H2 Avg (Jul–Dec) 0.0294

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0059 SBD (High: 0.0365 / Low: 0.0307). On the other end, June was the most stable month, with a tight range of 0.0002 SBD (High: 0.0292 / Low: 0.0290).

January Spread (Volatile) ±0.0059

June Spread (Stable) ±0.0002

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 0.0044 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0044

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0354) against the same month in 2022 (average: 0.0457), the exchange rate shifted by -0.0103 (-22.53%).

2023 Avg (January) 0.0354

2022 Avg (January) 0.0457

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0365	0.0307	0.0354
February	0.0327	0.0297	0.0310
March	0.0314	0.0290	0.0294
April	0.0297	0.0287	0.0292
May	0.0293	0.0282	0.0291
June	0.0292	0.0290	0.0291
July	0.0307	0.0291	0.0297
August	0.0295	0.0275	0.0285
September	0.0292	0.0272	0.0282
October	0.0306	0.0290	0.0302
November	0.0303	0.0292	0.0297
December	0.0303	0.0297	0.0300