YEARLY HIGH
409.2598 PKR
YEARLY LOW
301.5786 PKR
YEARLY AVERAGE
372.9603 PKR

2023 XDR to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XDR to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 6, valuing the pair at 409.2598. Conversely, the yearly low was recorded on January 1, dropping to 301.5786.

This high-to-low spread represents a total annual volatility of 107.6812 PKR. From a start-to-finish perspective, comparing the January average rate of 314.0725 to the December average rate of 376.1176, the exchange rate registered a net change of 19.76% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 409.2598 was up 20.99% compared to the 2022 peak of 338.2514, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,046,299 PKR
2022 Average 1,401,442 PKR
Yearly Trough Low 1,507,893 PKR
Transaction Impact: A difference of 538,406.10 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

401.5890
306.1165
JanuMarcMayJulySeptNove

XDR 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 365.5010, compared to 380.4197 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 14.9187 points.

H1 Avg (Jan–Jun) 365.5010
H2 Avg (Jul–Dec) 380.4197

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 60.6723 PKR (High: 362.2509 / Low: 301.5786). On the other end, June was the most stable month, with a tight range of 5.3194 PKR (High: 385.2259 / Low: 379.9064).

January Spread (Volatile) ±60.6723
June Spread (Stable) ±5.3194

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 26.7239 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -26.7239

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 393.6330) against the same month in 2022 (average: 315.9898), the exchange rate shifted by +77.6432 (+24.57%).

2023 Avg (September) 393.6330
2022 Avg (September) 315.9898

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 362.2509 301.5786 314.0725
February 372.5797 336.8805 355.5760
March 381.5557 348.2802 373.8161
April 388.8791 377.3680 382.8565
May 399.0746 379.9321 384.1663
June 385.2259 379.9064 382.5183
July 388.3900 363.1937 378.4458
August 403.9854 379.3393 391.7566
September 409.2598 376.9040 393.6330
October 378.1969 361.0098 366.9091
November 381.7966 365.0005 375.6561
December 379.4889 372.0805 376.1176