YEARLY HIGH
0.0424 PKR
YEARLY LOW
0.0308 PKR
YEARLY AVERAGE
0.0384 PKR

2023 PYG to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PYG to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 6, valuing the pair at 0.0424. Conversely, the yearly low was recorded on January 1, dropping to 0.0308.

This high-to-low spread represents a total annual volatility of 0.0116 PKR. From a start-to-finish perspective, comparing the January average rate of 0.0317 to the December average rate of 0.0383, the exchange rate registered a net change of 20.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0424 was up 21.82% compared to the 2022 peak of 0.0348, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 PYG based on timing:

Yearly Peak High 212 PKR
2022 Average 147 PKR
Yearly Trough Low 154 PKR
Transaction Impact: A difference of 57.97 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0418
0.0308
JanuMarcMayJulySeptNove

PYG to PKR 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 0.0376, compared to 0.0391 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 0.0376
H2 Avg (Jul–Dec) 0.0391

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0055 PKR (High: 0.0363 / Low: 0.0308). On the other end, June was the most stable month, with a tight range of 0.0005 PKR (High: 0.0397 / Low: 0.0392).

January Spread (Volatile) ±0.0055
June Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0030 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0030

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 0.0409) against the same month in 2022 (average: 0.0331), the exchange rate shifted by +0.0078 (+23.56%).

2023 Avg (September) 0.0409
2022 Avg (September) 0.0331

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0363 0.0308 0.0317
February 0.0378 0.0340 0.0364
March 0.0397 0.0360 0.0390
April 0.0403 0.0389 0.0396
May 0.0411 0.0392 0.0397
June 0.0397 0.0392 0.0395
July 0.0396 0.0376 0.0388
August 0.0418 0.0389 0.0404
September 0.0424 0.0394 0.0409
October 0.0395 0.0371 0.0379
November 0.0388 0.0373 0.0382
December 0.0387 0.0379 0.0383