2023 PKR to SOS Historical Review

YEARLY HIGH

2.5100 SOS

YEARLY LOW

1.8512 SOS

YEARLY AVERAGE

2.0453 SOS

2023 PKR to SOS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PKR to SOS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 2.5100. Conversely, the yearly low was recorded on September 5, dropping to 1.8512.

This high-to-low spread represents a total annual volatility of 0.6588 SOS. From a start-to-finish perspective, comparing the January average rate of 2.4382 to the December average rate of 2.0274, the exchange rate registered a net change of -16.85% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.5100 was down 24.94% compared to the 2022 peak of 3.3438, 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 1,254,995 SOS

2022 Average 1,422,076 SOS

Yearly Trough Low 925,618 SOS

Transaction Impact: A difference of 329,376.61 SOS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.4904

1.8640

JanuMarcMayJulySeptNove

PKR to SOS 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 2.0978, compared to 1.9927 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1050 points.

H1 Avg (Jan–Jun) 2.0978

H2 Avg (Jul–Dec) 1.9927

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.3887 SOS (High: 2.5100 / Low: 2.1213). On the other end, June was the most stable month, with a tight range of 0.0243 SOS (High: 1.9962 / Low: 1.9719).

January Spread (Volatile) ±0.3887

June Spread (Stable) ±0.0243

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 0.2950 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.2950

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 2.4382) against the same month in 2022 (average: 3.2949), the exchange rate shifted by -0.8567 (-26.00%).

2023 Avg (January) 2.4382

2022 Avg (January) 3.2949

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.5100	2.1213	2.4382
February	2.2905	2.0617	2.1432
March	2.1706	2.0032	2.0279
April	2.0309	1.9706	2.0028
May	2.0064	1.9230	1.9903
June	1.9962	1.9719	1.9843
July	2.0797	1.9788	2.0203
August	2.0092	1.8702	1.9406
September	1.9882	1.8512	1.9162
October	2.0743	1.9769	2.0436
November	2.0368	1.9802	2.0084
December	2.0542	2.0044	2.0274