2023 PKR to SEK Historical Review

YEARLY HIGH

0.0471 SEK

YEARLY LOW

0.0349 SEK

YEARLY AVERAGE

0.0381 SEK

2023 PKR to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PKR to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.0471. Conversely, the yearly low was recorded on May 11, dropping to 0.0349.

This high-to-low spread represents a total annual volatility of 0.0121 SEK. From a start-to-finish perspective, comparing the January average rate of 0.0446 to the December average rate of 0.0363, the exchange rate registered a net change of -18.48% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0471 was down 16.13% compared to the 2022 peak of 0.0561, 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 23,529 SEK

2022 Average 24,849 SEK

Yearly Trough Low 17,474 SEK

Transaction Impact: A difference of 6,054.12 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0454

0.0355

JanuMarcMayJulySeptNove

PKR to SEK 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 0.0387, compared to 0.0375 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) 0.0387

H2 Avg (Jul–Dec) 0.0375

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0081 SEK (High: 0.0471 / Low: 0.0390). On the other end, June was the most stable month, with a tight range of 0.0012 SEK (High: 0.0381 / Low: 0.0369).

January Spread (Volatile) ±0.0081

June Spread (Stable) ±0.0012

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 0.0051 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0051

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0446) against the same month in 2022 (average: 0.0518), the exchange rate shifted by -0.0073 (-14.06%).

2023 Avg (January) 0.0446

2022 Avg (January) 0.0518

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0471	0.0390	0.0446
February	0.0422	0.0383	0.0394
March	0.0398	0.0364	0.0375
April	0.0374	0.0358	0.0365
May	0.0380	0.0349	0.0367
June	0.0381	0.0369	0.0376
July	0.0397	0.0362	0.0374
August	0.0377	0.0356	0.0369
September	0.0386	0.0359	0.0373
October	0.0406	0.0378	0.0395
November	0.0398	0.0361	0.0376
December	0.0371	0.0353	0.0363