YEARLY HIGH
2.5501 SDG
YEARLY LOW
1.9090 SDG
YEARLY AVERAGE
2.1406 SDG

2023 PKR to SDG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PKR to SDG exchange rate experienced significant fluctuation. The market reached its absolute peak on January 15, valuing the pair at 2.5501. Conversely, the yearly low was recorded on November 20, dropping to 1.9090.

This high-to-low spread represents a total annual volatility of 0.6411 SDG. From a start-to-finish perspective, comparing the January average rate of 2.4727 to the December average rate of 2.1311, the exchange rate registered a net change of -13.81% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.5501 was down 4.38% compared to the 2022 peak of 2.6670, 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 1,275,062 SDG
2022 Average 1,219,801 SDG
Yearly Trough Low 954,495 SDG
Transaction Impact: A difference of 320,566.55 SDG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.5178
1.9756
JanuMarcMayJulySeptNove

PKR to SDG 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 2.1819, compared to 2.0993 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0827 points.

H1 Avg (Jan–Jun) 2.1819
H2 Avg (Jul–Dec) 2.0993

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.3764 SDG (High: 2.5501 / Low: 2.1737). On the other end, June was the most stable month, with a tight range of 0.0198 SDG (High: 2.1099 / Low: 2.0901).

January Spread (Volatile) ±0.3764
June Spread (Stable) ±0.0198

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 0.2656 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.2656

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 2.4727) against the same month in 2022 (average: 2.4827), the exchange rate shifted by -0.0100 (-0.40%).

2023 Avg (January) 2.4727
2022 Avg (January) 2.4827

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.5501 2.1737 2.4727
February 2.3333 2.1236 2.2071
March 2.2492 2.0092 2.1056
April 2.1432 2.0193 2.1079
May 2.1156 2.0294 2.1006
June 2.1099 2.0901 2.0978
July 2.2047 2.0907 2.1352
August 2.1214 1.9741 2.0502
September 2.0912 1.9523 2.0208
October 2.1855 2.0810 2.1511
November 2.1570 1.9090 2.1073
December 2.1602 2.1071 2.1311