2023 PKR to USD Historical Review

YEARLY HIGH

0.0044 USD

YEARLY LOW

0.0032 USD

YEARLY AVERAGE

0.0036 USD

2023 PKR to USD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PKR to USD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0044. Conversely, the yearly low was recorded on September 5, dropping to 0.0032.

This high-to-low spread represents a total annual volatility of 0.0012 USD. From a start-to-finish perspective, comparing the January average rate of 0.0043 to the December average rate of 0.0035, the exchange rate registered a net change of -17.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0044 was down 23.07% compared to the 2022 peak of 0.0057, 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 2,206 USD

2022 Average 2,469 USD

Yearly Trough Low 1,623 USD

Transaction Impact: A difference of 583.18 USD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0044

0.0033

JanuMarcMayJulySeptNove

PKR to USD 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 0.0037, compared to 0.0035 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0037

H2 Avg (Jul–Dec) 0.0035

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0007 USD (High: 0.0044 / Low: 0.0037). On the other end, June was the most stable month, with a tight range of 0.0000 USD (High: 0.0035 / Low: 0.0035).

January Spread (Volatile) ±0.0007

June Spread (Stable) ±0.0000

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 0.0005 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0043) against the same month in 2022 (average: 0.0057), the exchange rate shifted by -0.0014 (-24.31%).

2023 Avg (January) 0.0043

2022 Avg (January) 0.0057

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0044	0.0037	0.0043
February	0.0040	0.0036	0.0038
March	0.0038	0.0035	0.0036
April	0.0036	0.0035	0.0035
May	0.0035	0.0034	0.0035
June	0.0035	0.0035	0.0035
July	0.0037	0.0035	0.0036
August	0.0035	0.0033	0.0034
September	0.0035	0.0032	0.0034
October	0.0036	0.0035	0.0036
November	0.0036	0.0035	0.0035
December	0.0036	0.0035	0.0035