YEARLY HIGH
104.2798 VND
YEARLY LOW
78.1065 VND
YEARLY AVERAGE
85.6003 VND

2023 PKR to VND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PKR to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 104.2798. Conversely, the yearly low was recorded on September 5, dropping to 78.1065.

This high-to-low spread represents a total annual volatility of 26.1733 VND. From a start-to-finish perspective, comparing the January average rate of 100.6214 to the December average rate of 86.1093, the exchange rate registered a net change of -14.42% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 104.2798 was down 19.98% compared to the 2022 peak of 130.3235, 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 52,139,895 VND
2022 Average 57,676,057 VND
Yearly Trough Low 39,053,258 VND
Transaction Impact: A difference of 13,086,636.88 VND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

102.5466
79.4450
JanuMarcMayJulySeptNove

PKR to VND 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 86.8259, compared to 84.3747 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.4512 points.

H1 Avg (Jan–Jun) 86.8259
H2 Avg (Jul–Dec) 84.3747

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 16.7766 VND (High: 104.2798 / Low: 87.5032). On the other end, June was the most stable month, with a tight range of 0.8320 VND (High: 82.5152 / Low: 81.6832).

January Spread (Volatile) ±16.7766
June Spread (Stable) ±0.8320

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 11.4918 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -11.4918

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 100.6214) against the same month in 2022 (average: 128.6071), the exchange rate shifted by -27.9857 (-21.76%).

2023 Avg (January) 100.6214
2022 Avg (January) 128.6071

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 104.2798 87.5032 100.6214
February 93.6097 85.3403 89.1297
March 90.5206 82.7519 84.2759
April 84.1951 81.2672 82.7460
May 82.8072 79.3520 82.1408
June 82.5152 81.6832 82.0418
July 86.8255 82.2872 84.0468
August 83.7153 79.1730 81.3701
September 84.8271 78.1065 81.4238
October 89.2360 84.0859 87.6442
November 88.1907 84.1443 85.6541
December 87.2299 85.1902 86.1093