YEARLY HIGH
0.0386 SVC
YEARLY LOW
0.0284 SVC
YEARLY AVERAGE
0.0314 SVC

2023 PKR to SVC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PKR to SVC exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0386. Conversely, the yearly low was recorded on September 6, dropping to 0.0284.

This high-to-low spread represents a total annual volatility of 0.0102 SVC. From a start-to-finish perspective, comparing the January average rate of 0.0375 to the December average rate of 0.0311, the exchange rate registered a net change of -17.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0386 was down 23.07% compared to the 2022 peak of 0.0502, 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 19,305 SVC
2022 Average 21,606 SVC
Yearly Trough Low 14,218 SVC
Transaction Impact: A difference of 5,087.47 SVC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0383
0.0286
JanuMarcMayJulySeptNove

PKR to SVC 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 0.0323, compared to 0.0306 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 0.0323
H2 Avg (Jul–Dec) 0.0306

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0060 SVC (High: 0.0386 / Low: 0.0327). On the other end, June was the most stable month, with a tight range of 0.0003 SVC (High: 0.0307 / Low: 0.0304).

January Spread (Volatile) ±0.0060
June Spread (Stable) ±0.0003

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 0.0045 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0045

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0375) against the same month in 2022 (average: 0.0496), the exchange rate shifted by -0.0120 (-24.29%).

2023 Avg (January) 0.0375
2022 Avg (January) 0.0496

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0386 0.0327 0.0375
February 0.0353 0.0317 0.0330
March 0.0334 0.0308 0.0312
April 0.0313 0.0303 0.0308
May 0.0309 0.0296 0.0306
June 0.0307 0.0304 0.0305
July 0.0321 0.0304 0.0310
August 0.0309 0.0287 0.0298
September 0.0304 0.0284 0.0294
October 0.0318 0.0303 0.0313
November 0.0314 0.0303 0.0308
December 0.0315 0.0307 0.0311