YEARLY HIGH
0.0300 TTD
YEARLY LOW
0.0220 TTD
YEARLY AVERAGE
0.0244 TTD

2023 PKR to TTD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PKR to TTD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0300. Conversely, the yearly low was recorded on September 6, dropping to 0.0220.

This high-to-low spread represents a total annual volatility of 0.0080 TTD. From a start-to-finish perspective, comparing the January average rate of 0.0291 to the December average rate of 0.0241, the exchange rate registered a net change of -17.19% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0300 was down 22.99% compared to the 2022 peak of 0.0389, 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 14,992 TTD
2022 Average 16,762 TTD
Yearly Trough Low 11,005 TTD
Transaction Impact: A difference of 3,987.49 TTD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0297
0.0222
JanuMarcMayJulySeptNove

PKR to TTD 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 0.0250, compared to 0.0237 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.0250
H2 Avg (Jul–Dec) 0.0237

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0046 TTD (High: 0.0300 / Low: 0.0253). On the other end, June was the most stable month, with a tight range of 0.0002 TTD (High: 0.0238 / Low: 0.0236).

January Spread (Volatile) ±0.0046
June Spread (Stable) ±0.0002

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 0.0035 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0035

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0291) against the same month in 2022 (average: 0.0385), the exchange rate shifted by -0.0093 (-24.30%).

2023 Avg (January) 0.0291
2022 Avg (January) 0.0385

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0300 0.0253 0.0291
February 0.0273 0.0246 0.0256
March 0.0259 0.0239 0.0242
April 0.0243 0.0235 0.0239
May 0.0240 0.0230 0.0238
June 0.0238 0.0236 0.0237
July 0.0249 0.0236 0.0241
August 0.0239 0.0223 0.0231
September 0.0236 0.0220 0.0228
October 0.0247 0.0235 0.0243
November 0.0244 0.0235 0.0239
December 0.0244 0.0238 0.0241