YEARLY HIGH
0.0119 WST
YEARLY LOW
0.0088 WST
YEARLY AVERAGE
0.0098 WST

2023 PKR to WST Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PKR to WST exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0119. Conversely, the yearly low was recorded on September 5, dropping to 0.0088.

This high-to-low spread represents a total annual volatility of 0.0031 WST. From a start-to-finish perspective, comparing the January average rate of 0.0116 to the December average rate of 0.0099, the exchange rate registered a net change of -14.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0119 was down 20.83% compared to the 2022 peak of 0.0150, 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 5,951 WST
2022 Average 6,591 WST
Yearly Trough Low 4,412 WST
Transaction Impact: A difference of 1,539.16 WST purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0118
0.0089
JanuMarcMayJulySeptNove

PKR to WST 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 0.0100, compared to 0.0096 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0100
H2 Avg (Jul–Dec) 0.0096

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0018 WST (High: 0.0119 / Low: 0.0101). On the other end, June was the most stable month, with a tight range of 0.0001 WST (High: 0.0096 / Low: 0.0095).

January Spread (Volatile) ±0.0018
June Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0014 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0116) against the same month in 2022 (average: 0.0147), the exchange rate shifted by -0.0032 (-21.51%).

2023 Avg (January) 0.0116
2022 Avg (January) 0.0147

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0119 0.0101 0.0116
February 0.0108 0.0098 0.0102
March 0.0103 0.0095 0.0096
April 0.0098 0.0094 0.0096
May 0.0096 0.0092 0.0095
June 0.0096 0.0095 0.0095
July 0.0100 0.0095 0.0097
August 0.0096 0.0089 0.0093
September 0.0095 0.0088 0.0091
October 0.0102 0.0094 0.0098
November 0.0101 0.0097 0.0099
December 0.0101 0.0098 0.0099