YEARLY HIGH
0.1764 UYU
YEARLY LOW
0.1226 UYU
YEARLY AVERAGE
0.1396 UYU

2023 PKR to UYU Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PKR to UYU exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.1764. Conversely, the yearly low was recorded on September 5, dropping to 0.1226.

This high-to-low spread represents a total annual volatility of 0.0538 UYU. From a start-to-finish perspective, comparing the January average rate of 0.1693 to the December average rate of 0.1393, the exchange rate registered a net change of -17.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1764 was down 30.74% compared to the 2022 peak of 0.2546, 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 88,176 UYU
2022 Average 101,978 UYU
Yearly Trough Low 61,297 UYU
Transaction Impact: A difference of 26,879.40 UYU purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1735
0.1237
JanuMarcMayJulySeptNove

PKR to UYU 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 0.1438, compared to 0.1353 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0084 points.

H1 Avg (Jan–Jun) 0.1438
H2 Avg (Jul–Dec) 0.1353

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0320 UYU (High: 0.1764 / Low: 0.1444). On the other end, December was the most stable month, with a tight range of 0.0051 UYU (High: 0.1423 / Low: 0.1372).

January Spread (Volatile) ±0.0320
December Spread (Stable) ±0.0051

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 0.0220 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0220

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.1693) against the same month in 2022 (average: 0.2522), the exchange rate shifted by -0.0829 (-32.85%).

2023 Avg (January) 0.1693
2022 Avg (January) 0.2522

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1764 0.1444 0.1693
February 0.1560 0.1422 0.1473
March 0.1485 0.1367 0.1396
April 0.1393 0.1340 0.1367
May 0.1377 0.1318 0.1361
June 0.1360 0.1308 0.1336
July 0.1395 0.1308 0.1344
August 0.1343 0.1240 0.1291
September 0.1332 0.1226 0.1278
October 0.1450 0.1333 0.1418
November 0.1438 0.1369 0.1396
December 0.1423 0.1372 0.1393