2023 XAF to PKR Historical Review

YEARLY HIGH

0.5077 PKR

YEARLY LOW

0.3643 PKR

YEARLY AVERAGE

0.4612 PKR

2023 XAF to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XAF to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 30, valuing the pair at 0.5077. Conversely, the yearly low was recorded on January 5, dropping to 0.3643.

This high-to-low spread represents a total annual volatility of 0.1434 PKR. From a start-to-finish perspective, comparing the January average rate of 0.3845 to the December average rate of 0.4696, the exchange rate registered a net change of 22.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5077 was up 35.80% compared to the 2022 peak of 0.3738, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,538 PKR

2022 Average 1,637 PKR

Yearly Trough Low 1,821 PKR

Transaction Impact: A difference of 717.11 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4984

0.3741

JanuMarcMayJulySeptNove

XAF 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 0.4497, compared to 0.4726 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0229 points.

H1 Avg (Jan–Jun) 0.4497

H2 Avg (Jul–Dec) 0.4726

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0794 PKR (High: 0.4437 / Low: 0.3643). On the other end, December was the most stable month, with a tight range of 0.0130 PKR (High: 0.4775 / Low: 0.4645).

January Spread (Volatile) ±0.0794

December Spread (Stable) ±0.0130

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 September and October, when the average rate fell by 0.0347 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0347

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 0.4881) against the same month in 2022 (average: 0.3406), the exchange rate shifted by +0.1475 (+43.29%).

2023 Avg (August) 0.4881

2022 Avg (August) 0.3406

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4437	0.3643	0.3845
February	0.4510	0.4120	0.4332
March	0.4716	0.4263	0.4577
April	0.4835	0.4659	0.4752
May	0.4931	0.4653	0.4739
June	0.4807	0.4664	0.4738
July	0.4862	0.4555	0.4747
August	0.5077	0.4757	0.4881
September	0.5045	0.4624	0.4847
October	0.4655	0.4440	0.4500
November	0.4799	0.4523	0.4687
December	0.4775	0.4645	0.4696