2023 PKR to UZS Historical Review

YEARLY HIGH

49.8350 UZS

YEARLY LOW

38.7705 UZS

YEARLY AVERAGE

42.1221 UZS

2023 PKR to UZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PKR to UZS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 49.8350. Conversely, the yearly low was recorded on May 11, dropping to 38.7705.

This high-to-low spread represents a total annual volatility of 11.0645 UZS. From a start-to-finish perspective, comparing the January average rate of 48.4604 to the December average rate of 43.8065, the exchange rate registered a net change of -9.60% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 49.8350 was down 21.63% compared to the 2022 peak of 63.5898, 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 24,917,492 UZS

2022 Average 27,281,694 UZS

Yearly Trough Low 19,385,226 UZS

Transaction Impact: A difference of 5,532,265.93 UZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

49.3052

39.1686

JanuMarcMayJulySeptNove

PKR to UZS 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 42.0179, compared to 42.2263 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2084 points.

H1 Avg (Jan–Jun) 42.0179

H2 Avg (Jul–Dec) 42.2263

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 7.7800 UZS (High: 49.8350 / Low: 42.0550). On the other end, June was the most stable month, with a tight range of 0.5249 UZS (High: 40.3281 / Low: 39.8032).

January Spread (Volatile) ±7.7800

June Spread (Stable) ±0.5249

Growth Streaks & Declines

Trends

Between August and October, 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 5.7292 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -5.7292

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 48.4604) against the same month in 2022 (average: 61.3254), the exchange rate shifted by -12.8649 (-20.98%).

2023 Avg (January) 48.4604

2022 Avg (January) 61.3254

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	49.8350	42.0550	48.4604
February	45.4997	41.1612	42.7312
March	43.3434	40.1735	40.6367
April	40.8127	39.4124	40.2131
May	40.3734	38.7705	40.0526
June	40.3281	39.8032	40.0133
July	42.3258	40.2117	41.1147
August	42.2064	39.7094	40.6166
September	42.4153	39.4323	40.8914
October	44.3956	42.2828	43.7271
November	44.0465	42.5502	43.2015
December	44.3901	43.1414	43.8065