YEARLY HIGH
2.3978 PKR
YEARLY LOW
2.0265 PKR
YEARLY AVERAGE
2.2035 PKR

2021 INR to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the INR to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 2.3978. Conversely, the yearly low was recorded on April 20, dropping to 2.0265.

This high-to-low spread represents a total annual volatility of 0.3712 PKR. From a start-to-finish perspective, comparing the January average rate of 2.1967 to the December average rate of 2.3545, the exchange rate registered a net change of 7.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.3978 was up 4.75% compared to the 2020 peak of 2.2891, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 INR based on timing:

Yearly Peak High 599,438 PKR
2020 Average 545,787 PKR
Yearly Trough Low 506,631 PKR
Transaction Impact: A difference of 92,807.33 PKR purely based on transaction execution date.

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2.3843
2.0269
JanuMarcMayJulySeptNove

INR 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 2.1343, compared to 2.2727 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1383 points.

H1 Avg (Jan–Jun) 2.1343
H2 Avg (Jul–Dec) 2.2727

Volatility Range Comparison

Volatility

The most volatile month in 2021 was August, with a trading range of 0.0982 PKR (High: 2.2841 / Low: 2.1859). On the other end, January was the most stable month, with a tight range of 0.0218 PKR (High: 2.2043 / Low: 2.1825).

August Spread (Volatile) Âą0.0982
January Spread (Stable) Âą0.0218

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0884 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0884

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 2.3545) against the same month in 2020 (average: 2.1760), the exchange rate shifted by +0.1785 (+8.20%).

2021 Avg (December) 2.3545
2020 Avg (December) 2.1760

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Month High Low Average
January 2.2043 2.1825 2.1967
February 2.2025 2.1407 2.1885
March 2.1657 2.0840 2.1451
April 2.0926 2.0265 2.0567
May 2.1400 2.0630 2.0943
June 2.1398 2.1155 2.1246
July 2.1859 2.1088 2.1470
August 2.2841 2.1859 2.2229
September 2.3083 2.2727 2.2890
October 2.3384 2.2641 2.2949
November 2.3639 2.2780 2.3276
December 2.3978 2.3308 2.3545