YEARLY HIGH
0.5806 PKR
YEARLY LOW
0.3296 PKR
YEARLY AVERAGE
0.4275 PKR

2023 AOA to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AOA to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 11, valuing the pair at 0.5806. Conversely, the yearly low was recorded on July 8, dropping to 0.3296.

This high-to-low spread represents a total annual volatility of 0.2510 PKR. From a start-to-finish perspective, comparing the January average rate of 0.4639 to the December average rate of 0.3394, the exchange rate registered a net change of -26.85% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5806 was up 3.97% compared to the 2022 peak of 0.5584, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,903 PKR
2022 Average 2,244 PKR
Yearly Trough Low 1,648 PKR
Transaction Impact: A difference of 1,255.10 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5810
0.3154
JanuMarcMayJulySeptNove

AOA 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 0.5091, compared to 0.3459 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1632 points.

H1 Avg (Jan–Jun) 0.5091
H2 Avg (Jul–Dec) 0.3459

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.1367 PKR (High: 0.4838 / Low: 0.3471). On the other end, December was the most stable month, with a tight range of 0.0075 PKR (High: 0.3430 / Low: 0.3355).

June Spread (Volatile) ±0.1367
December Spread (Stable) ±0.0075

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.1273 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1273

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 0.5397) against the same month in 2022 (average: 0.4716), the exchange rate shifted by +0.0681 (+14.44%).

2023 Avg (May) 0.5397
2022 Avg (May) 0.4716

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5314 0.4500 0.4639
February 0.5467 0.4966 0.5257
March 0.5608 0.5175 0.5537
April 0.5692 0.5480 0.5589
May 0.5806 0.4891 0.5397
June 0.4838 0.3471 0.4124
July 0.3481 0.3296 0.3411
August 0.3693 0.3437 0.3554
September 0.3728 0.3467 0.3595
October 0.3489 0.3317 0.3375
November 0.3484 0.3345 0.3423
December 0.3430 0.3355 0.3394