2023 PKR to YER Historical Review

YEARLY HIGH

1.1043 YER

YEARLY LOW

0.8126 YER

YEARLY AVERAGE

0.8993 YER

2023 PKR to YER Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PKR to YER exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 1.1043. Conversely, the yearly low was recorded on September 5, dropping to 0.8126.

This high-to-low spread represents a total annual volatility of 0.2918 YER. From a start-to-finish perspective, comparing the January average rate of 1.0732 to the December average rate of 0.8873, the exchange rate registered a net change of -17.32% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.1043 was down 23.06% compared to the 2022 peak of 1.4353, 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 552,171 YER

2022 Average 617,916 YER

Yearly Trough Low 406,282 YER

Transaction Impact: A difference of 145,888.64 YER purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.0964

0.8182

JanuMarcMayJulySeptNove

PKR to YER 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 0.9238, compared to 0.8748 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0490 points.

H1 Avg (Jan–Jun) 0.9238

H2 Avg (Jul–Dec) 0.8748

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.1699 YER (High: 1.1043 / Low: 0.9344). On the other end, June was the most stable month, with a tight range of 0.0075 YER (High: 0.8782 / Low: 0.8706).

January Spread (Volatile) ±0.1699

June Spread (Stable) ±0.0075

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 0.1297 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.1297

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 1.0732) against the same month in 2022 (average: 1.4175), the exchange rate shifted by -0.3443 (-24.29%).

2023 Avg (January) 1.0732

2022 Avg (January) 1.4175

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1043	0.9344	1.0732
February	0.9990	0.9072	0.9435
March	0.9550	0.8821	0.8937
April	0.8969	0.8674	0.8826
May	0.8833	0.8468	0.8763
June	0.8782	0.8706	0.8735
July	0.9191	0.8700	0.8892
August	0.8830	0.8214	0.8534
September	0.8704	0.8126	0.8414
October	0.9103	0.8663	0.8961
November	0.8992	0.8684	0.8812
December	0.8995	0.8777	0.8873