2023 PKR to XCD Historical Review

YEARLY HIGH

0.0119 XCD

YEARLY LOW

0.0088 XCD

YEARLY AVERAGE

0.0097 XCD

2023 PKR to XCD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PKR to XCD 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 0.0032 XCD. From a start-to-finish perspective, comparing the January average rate of 0.0116 to the December average rate of 0.0096, the exchange rate registered a net change of -17.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0119 was down 23.07% compared to the 2022 peak of 0.0155, 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 5,962 XCD

2022 Average 6,673 XCD

Yearly Trough Low 4,386 XCD

Transaction Impact: A difference of 1,576.07 XCD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0118

0.0088

JanuMarcMayJulySeptNove

PKR to XCD 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 0.0094 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0100

H2 Avg (Jul–Dec) 0.0094

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0018 XCD (High: 0.0119 / Low: 0.0101). On the other end, June was the most stable month, with a tight range of 0.0001 XCD (High: 0.0095 / Low: 0.0094).

January Spread (Volatile) ±0.0018

June Spread (Stable) ±0.0001

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 0.0014 points.

Longest Streak 1 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: 0.0153), the exchange rate shifted by -0.0037 (-24.31%).

2023 Avg (January) 0.0116

2022 Avg (January) 0.0153

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	0.0097	0.0094	0.0095
May	0.0095	0.0091	0.0095
June	0.0095	0.0094	0.0094
July	0.0099	0.0094	0.0096
August	0.0095	0.0089	0.0092
September	0.0094	0.0088	0.0091
October	0.0098	0.0093	0.0097
November	0.0097	0.0094	0.0095
December	0.0097	0.0095	0.0096