YEARLY HIGH
0.5402 PKR
YEARLY LOW
0.3984 PKR
YEARLY AVERAGE
0.4909 PKR

2023 SOS to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SOS to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 5, valuing the pair at 0.5402. Conversely, the yearly low was recorded on January 1, dropping to 0.3984.

This high-to-low spread represents a total annual volatility of 0.1418 PKR. From a start-to-finish perspective, comparing the January average rate of 0.4110 to the December average rate of 0.4933, the exchange rate registered a net change of 20.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5402 was up 27.84% compared to the 2022 peak of 0.4226, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,701 PKR
2022 Average 1,780 PKR
Yearly Trough Low 1,992 PKR
Transaction Impact: A difference of 708.86 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5333
0.3999
JanuMarcMayJulySeptNove

SOS 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 0.4795, compared to 0.5023 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0228 points.

H1 Avg (Jan–Jun) 0.4795
H2 Avg (Jul–Dec) 0.5023

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0730 PKR (High: 0.4714 / Low: 0.3984). On the other end, June was the most stable month, with a tight range of 0.0062 PKR (High: 0.5071 / Low: 0.5009).

January Spread (Volatile) ±0.0730
June Spread (Stable) ±0.0062

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 September and October, when the average rate fell by 0.0328 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0328

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 0.5222) against the same month in 2022 (average: 0.4057), the exchange rate shifted by +0.1165 (+28.71%).

2023 Avg (September) 0.5222
2022 Avg (September) 0.4057

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4714 0.3984 0.4110
February 0.4850 0.4366 0.4668
March 0.4992 0.4607 0.4932
April 0.5075 0.4924 0.4993
May 0.5200 0.4984 0.5025
June 0.5071 0.5009 0.5040
July 0.5054 0.4808 0.4951
August 0.5347 0.4977 0.5156
September 0.5402 0.5030 0.5222
October 0.5058 0.4821 0.4894
November 0.5050 0.4910 0.4979
December 0.4989 0.4868 0.4933