YEARLY HIGH
2.7907 PKR
YEARLY LOW
2.0023 PKR
YEARLY AVERAGE
2.5350 PKR

2023 XPF to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XPF to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 30, valuing the pair at 2.7907. Conversely, the yearly low was recorded on January 5, dropping to 2.0023.

This high-to-low spread represents a total annual volatility of 0.7884 PKR. From a start-to-finish perspective, comparing the January average rate of 2.1135 to the December average rate of 2.5815, 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 2.7907 was up 35.80% compared to the 2022 peak of 2.0550, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13,954 PKR
2022 Average 8,999 PKR
Yearly Trough Low 10,012 PKR
Transaction Impact: A difference of 3,941.90 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.7397
2.0566
JanuMarcMayJulySeptNove

XPF 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 2.4720, compared to 2.5981 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1261 points.

H1 Avg (Jan–Jun) 2.4720
H2 Avg (Jul–Dec) 2.5981

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.4366 PKR (High: 2.4389 / Low: 2.0023). On the other end, December was the most stable month, with a tight range of 0.0716 PKR (High: 2.6249 / Low: 2.5534).

January Spread (Volatile) ±0.4366
December Spread (Stable) ±0.0716

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 0.1908 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1908

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 2.6828) against the same month in 2022 (average: 1.8722), the exchange rate shifted by +0.8105 (+43.29%).

2023 Avg (August) 2.6828
2022 Avg (August) 1.8722

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.4389 2.0023 2.1135
February 2.4793 2.2649 2.3811
March 2.5924 2.3432 2.5157
April 2.6579 2.5611 2.6121
May 2.7104 2.5579 2.6049
June 2.6421 2.5635 2.6045
July 2.6725 2.5039 2.6096
August 2.7907 2.6147 2.6828
September 2.7729 2.5418 2.6645
October 2.5588 2.4406 2.4737
November 2.6380 2.4865 2.5763
December 2.6249 2.5534 2.5815