YEARLY HIGH
0.4994 XPF
YEARLY LOW
0.3583 XPF
YEARLY AVERAGE
0.3963 XPF

2023 PKR to XPF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PKR to XPF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.4994. Conversely, the yearly low was recorded on August 30, dropping to 0.3583.

This high-to-low spread represents a total annual volatility of 0.1411 XPF. From a start-to-finish perspective, comparing the January average rate of 0.4744 to the December average rate of 0.3874, the exchange rate registered a net change of -18.34% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4994 was down 19.09% compared to the 2022 peak of 0.6172, 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 249,710 XPF
2022 Average 279,059 XPF
Yearly Trough Low 179,166 XPF
Transaction Impact: A difference of 70,543.69 XPF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4845
0.3627
JanuMarcMayJulySeptNove

PKR to XPF 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 0.4072, compared to 0.3853 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0219 points.

H1 Avg (Jan–Jun) 0.4072
H2 Avg (Jul–Dec) 0.3853

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0894 XPF (High: 0.4994 / Low: 0.4100). On the other end, December was the most stable month, with a tight range of 0.0107 XPF (High: 0.3916 / Low: 0.3810).

January Spread (Volatile) ±0.0894
December Spread (Stable) ±0.0107

Growth Streaks & Declines

Trends

Between April and June, 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 0.0541 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0541

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.4744) against the same month in 2022 (average: 0.5971), the exchange rate shifted by -0.1227 (-20.55%).

2023 Avg (January) 0.4744
2022 Avg (January) 0.5971

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4994 0.4100 0.4744
February 0.4415 0.4033 0.4203
March 0.4268 0.3857 0.3977
April 0.3905 0.3762 0.3829
May 0.3909 0.3690 0.3840
June 0.3901 0.3785 0.3840
July 0.3994 0.3742 0.3834
August 0.3824 0.3583 0.3729
September 0.3934 0.3606 0.3756
October 0.4097 0.3908 0.4043
November 0.4022 0.3791 0.3883
December 0.3916 0.3810 0.3874