2023 PKR to SRD Historical Review

YEARLY HIGH

0.1410 SRD

YEARLY LOW

0.1170 SRD

YEARLY AVERAGE

0.1310 SRD

2023 PKR to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PKR to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 22, valuing the pair at 0.1410. Conversely, the yearly low was recorded on February 7, dropping to 0.1170.

This high-to-low spread represents a total annual volatility of 0.0241 SRD. From a start-to-finish perspective, comparing the January average rate of 0.1364 to the December average rate of 0.1325, the exchange rate registered a net change of -2.86% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1410 was down 0.97% compared to the 2022 peak of 0.1424, 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 70,522 SRD

2022 Average 59,042 SRD

Yearly Trough Low 58,479 SRD

Transaction Impact: A difference of 12,042.62 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1379

0.1222

JanuMarcMayJulySeptNove

PKR to SRD 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 0.1292, compared to 0.1328 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0036 points.

H1 Avg (Jan–Jun) 0.1292

H2 Avg (Jul–Dec) 0.1328

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0215 SRD (High: 0.1410 / Low: 0.1196). On the other end, December was the most stable month, with a tight range of 0.0035 SRD (High: 0.1342 / Low: 0.1308).

January Spread (Volatile) ±0.0215

December Spread (Stable) ±0.0035

Growth Streaks & Declines

Trends

Between March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0127 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0127

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.1364) against the same month in 2022 (average: 0.1198), the exchange rate shifted by +0.0165 (+13.81%).

2023 Avg (January) 0.1364

2022 Avg (January) 0.1198

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1410	0.1196	0.1364
February	0.1310	0.1170	0.1237
March	0.1302	0.1202	0.1235
April	0.1336	0.1250	0.1297
May	0.1331	0.1255	0.1307
June	0.1337	0.1302	0.1315
July	0.1390	0.1294	0.1349
August	0.1355	0.1258	0.1305
September	0.1332	0.1240	0.1287
October	0.1392	0.1326	0.1366
November	0.1370	0.1313	0.1337
December	0.1342	0.1308	0.1325