2023 SVC to PKR Historical Review

YEARLY HIGH

35.1671 PKR

YEARLY LOW

25.8996 PKR

YEARLY AVERAGE

31.9539 PKR

2023 SVC to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SVC to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 6, valuing the pair at 35.1671. Conversely, the yearly low was recorded on January 1, dropping to 25.8996.

This high-to-low spread represents a total annual volatility of 9.2675 PKR. From a start-to-finish perspective, comparing the January average rate of 26.7124 to the December average rate of 32.1984, the exchange rate registered a net change of 20.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 35.1671 was up 28.22% compared to the 2022 peak of 27.4275, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 175,835 PKR

2022 Average 116,935 PKR

Yearly Trough Low 129,498 PKR

Transaction Impact: A difference of 46,337.40 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

34.7642

25.9804

JanuMarcMayJulySeptNove

SVC 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 31.1654, compared to 32.7424 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.5770 points.

H1 Avg (Jan–Jun) 31.1654

H2 Avg (Jul–Dec) 32.7424

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 4.7248 PKR (High: 30.6244 / Low: 25.8996). On the other end, June was the most stable month, with a tight range of 0.2959 PKR (High: 32.8767 / Low: 32.5807).

January Spread (Volatile) ±4.7248

June Spread (Stable) ±0.2959

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 2.0788 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -2.0788

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 34.0322) against the same month in 2022 (average: 26.3545), the exchange rate shifted by +7.6778 (+29.13%).

2023 Avg (September) 34.0322

2022 Avg (September) 26.3545

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	30.6244	25.8996	26.7124
February	31.5174	28.3652	30.3360
March	32.5029	29.9560	32.0652
April	32.9640	31.9935	32.4524
May	33.8025	32.4047	32.6667
June	32.8767	32.5807	32.7597
July	32.9011	31.1247	32.2219
August	34.7978	32.3958	33.5411
September	35.1671	32.8507	34.0322
October	32.9634	31.4860	31.9534
November	32.9636	31.8364	32.5074
December	32.5879	31.7938	32.1984