YEARLY HIGH
0.0450 TJS
YEARLY LOW
0.0357 TJS
YEARLY AVERAGE
0.0388 TJS

2023 PKR to TJS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PKR to TJS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.0450. Conversely, the yearly low was recorded on September 6, dropping to 0.0357.

This high-to-low spread represents a total annual volatility of 0.0093 TJS. From a start-to-finish perspective, comparing the January average rate of 0.0439 to the December average rate of 0.0388, the exchange rate registered a net change of -11.57% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0450 was down 38.28% compared to the 2022 peak of 0.0729, 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 22,506 TJS
2022 Average 27,289 TJS
Yearly Trough Low 17,849 TJS
Transaction Impact: A difference of 4,656.49 TJS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0446
0.0362
JanuMarcMayJulySeptNove

PKR to TJS 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 0.0392, compared to 0.0383 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0392
H2 Avg (Jul–Dec) 0.0383

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0066 TJS (High: 0.0450 / Low: 0.0384). On the other end, June was the most stable month, with a tight range of 0.0003 TJS (High: 0.0383 / Low: 0.0380).

January Spread (Volatile) ±0.0066
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 0.0047 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0047

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0439) against the same month in 2022 (average: 0.0640), the exchange rate shifted by -0.0201 (-31.43%).

2023 Avg (January) 0.0439
2022 Avg (January) 0.0640

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0450 0.0384 0.0439
February 0.0416 0.0374 0.0392
March 0.0388 0.0358 0.0377
April 0.0390 0.0378 0.0385
May 0.0385 0.0369 0.0382
June 0.0383 0.0380 0.0381
July 0.0400 0.0380 0.0388
August 0.0387 0.0361 0.0374
September 0.0382 0.0357 0.0369
October 0.0398 0.0381 0.0393
November 0.0395 0.0380 0.0385
December 0.0393 0.0383 0.0388