2023 SYP to PKR Historical Review

YEARLY HIGH

0.1226 PKR

YEARLY LOW

0.0902 PKR

YEARLY AVERAGE

0.1112 PKR

2023 SYP to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SYP to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 5, valuing the pair at 0.1226. Conversely, the yearly low was recorded on January 1, dropping to 0.0902.

This high-to-low spread represents a total annual volatility of 0.0324 PKR. From a start-to-finish perspective, comparing the January average rate of 0.0930 to the December average rate of 0.1122, the exchange rate registered a net change of 20.66% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1226 was up 27.97% compared to the 2022 peak of 0.0958, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 613 PKR

2022 Average 407 PKR

Yearly Trough Low 451 PKR

Transaction Impact: A difference of 162.08 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1210

0.0905

JanuMarcMayJulySeptNove

SYP 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 0.1085, compared to 0.1140 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0055 points.

H1 Avg (Jan–Jun) 0.1085

H2 Avg (Jul–Dec) 0.1140

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0164 PKR (High: 0.1067 / Low: 0.0902). On the other end, June was the most stable month, with a tight range of 0.0010 PKR (High: 0.1144 / Low: 0.1135).

January Spread (Volatile) ±0.0164

June Spread (Stable) ±0.0010

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 0.0073 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0073

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 0.1185) against the same month in 2022 (average: 0.0917), the exchange rate shifted by +0.0268 (+29.17%).

2023 Avg (September) 0.1185

2022 Avg (September) 0.0917

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1067	0.0902	0.0930
February	0.1097	0.0997	0.1057
March	0.1130	0.1043	0.1115
April	0.1149	0.1111	0.1129
May	0.1177	0.1128	0.1137
June	0.1144	0.1135	0.1141
July	0.1145	0.1084	0.1121
August	0.1213	0.1128	0.1168
September	0.1226	0.1145	0.1185
October	0.1150	0.1095	0.1112
November	0.1148	0.1108	0.1131
December	0.1135	0.1107	0.1122