2023 PKR to VND Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
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.
Comparing the value generated converting 500,000 PKR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |