YEARLY HIGH
0.1356 TWD
YEARLY LOW
0.1036 TWD
YEARLY AVERAGE
0.1118 TWD

2023 PKR to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PKR to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.1356. Conversely, the yearly low was recorded on September 5, dropping to 0.1036.

This high-to-low spread represents a total annual volatility of 0.0320 TWD. From a start-to-finish perspective, comparing the January average rate of 0.1303 to the December average rate of 0.1107, the exchange rate registered a net change of -15.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1356 was down 15.37% compared to the 2022 peak of 0.1602, 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 67,779 TWD
2022 Average 73,237 TWD
Yearly Trough Low 51,801 TWD
Transaction Impact: A difference of 15,977.93 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1326
0.1052
JanuMarcMayJulySeptNove

PKR to TWD 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 0.1127, compared to 0.1109 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0018 points.

H1 Avg (Jan–Jun) 0.1127
H2 Avg (Jul–Dec) 0.1109

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0234 TWD (High: 0.1356 / Low: 0.1121). On the other end, June was the most stable month, with a tight range of 0.0021 TWD (High: 0.1088 / Low: 0.1066).

January Spread (Volatile) ±0.0234
June Spread (Stable) ±0.0021

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0162 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0162

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.1303) against the same month in 2022 (average: 0.1566), the exchange rate shifted by -0.0263 (-16.80%).

2023 Avg (January) 0.1303
2022 Avg (January) 0.1566

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1356 0.1121 0.1303
February 0.1197 0.1090 0.1141
March 0.1167 0.1071 0.1091
April 0.1099 0.1056 0.1077
May 0.1086 0.1039 0.1075
June 0.1088 0.1066 0.1075
July 0.1148 0.1086 0.1108
August 0.1117 0.1044 0.1085
September 0.1121 0.1036 0.1076
October 0.1176 0.1116 0.1156
November 0.1156 0.1095 0.1123
December 0.1122 0.1089 0.1107