YEARLY HIGH
0.0167 PKR
YEARLY LOW
0.0128 PKR
YEARLY AVERAGE
0.0147 PKR

2023 SLL to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SLL to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 11, valuing the pair at 0.0167. Conversely, the yearly low was recorded on January 1, dropping to 0.0128.

This high-to-low spread represents a total annual volatility of 0.0039 PKR. From a start-to-finish perspective, comparing the January average rate of 0.0132 to the December average rate of 0.0134, the exchange rate registered a net change of 1.64% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0167 was down 3.82% compared to the 2022 peak of 0.0174, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 84 PKR
2022 Average 75 PKR
Yearly Trough Low 64 PKR
Transaction Impact: A difference of 19.53 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0165
0.0129
JanuMarcMayJulySeptNove

SLL 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 0.0154, compared to 0.0140 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 0.0154
H2 Avg (Jul–Dec) 0.0140

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0027 PKR (High: 0.0163 / Low: 0.0136). On the other end, June was the most stable month, with a tight range of 0.0001 PKR (High: 0.0163 / Low: 0.0161).

July Spread (Volatile) ±0.0027
June Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0016 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 0.0162) against the same month in 2022 (average: 0.0151), the exchange rate shifted by +0.0010 (+6.78%).

2023 Avg (May) 0.0162
2022 Avg (May) 0.0151

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0152 0.0128 0.0132
February 0.0156 0.0142 0.0150
March 0.0161 0.0148 0.0159
April 0.0163 0.0158 0.0161
May 0.0167 0.0160 0.0162
June 0.0163 0.0161 0.0162
July 0.0163 0.0136 0.0156
August 0.0145 0.0135 0.0140
September 0.0147 0.0137 0.0142
October 0.0138 0.0131 0.0133
November 0.0138 0.0133 0.0135
December 0.0136 0.0133 0.0134