2023 YER to PKR Historical Review

YEARLY HIGH

1.2307 PKR

YEARLY LOW

0.9055 PKR

YEARLY AVERAGE

1.1164 PKR

2023 YER to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the YER to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 5, valuing the pair at 1.2307. Conversely, the yearly low was recorded on January 1, dropping to 0.9055.

This high-to-low spread represents a total annual volatility of 0.3252 PKR. From a start-to-finish perspective, comparing the January average rate of 0.9337 to the December average rate of 1.1271, the exchange rate registered a net change of 20.71% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.2307 was up 27.98% compared to the 2022 peak of 0.9616, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,153 PKR

2022 Average 4,089 PKR

Yearly Trough Low 4,528 PKR

Transaction Impact: A difference of 1,625.77 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.2148

0.9082

JanuMarcMayJulySeptNove

YER 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 1.0888, compared to 1.1441 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0553 points.

H1 Avg (Jan–Jun) 1.0888

H2 Avg (Jul–Dec) 1.1441

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.1647 PKR (High: 1.0702 / Low: 0.9055). On the other end, June was the most stable month, with a tight range of 0.0098 PKR (High: 1.1486 / Low: 1.1387).

January Spread (Volatile) ±0.1647

June Spread (Stable) ±0.0098

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 0.0732 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0732

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 1.1892) against the same month in 2022 (average: 0.9209), the exchange rate shifted by +0.2684 (+29.14%).

2023 Avg (September) 1.1892

2022 Avg (September) 0.9209

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0702	0.9055	0.9337
February	1.1023	1.0010	1.0604
March	1.1336	1.0471	1.1192
April	1.1528	1.1149	1.1331
May	1.1809	1.1321	1.1413
June	1.1486	1.1387	1.1448
July	1.1494	1.0880	1.1250
August	1.2175	1.1325	1.1724
September	1.2307	1.1489	1.1892
October	1.1543	1.0986	1.1160
November	1.1516	1.1121	1.1349
December	1.1393	1.1118	1.1271