YEARLY HIGH
4.0517 CRC
YEARLY LOW
3.5542 CRC
YEARLY AVERAGE
3.8200 CRC

2021 PKR to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the PKR to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on May 10, valuing the pair at 4.0517. Conversely, the yearly low was recorded on December 5, dropping to 3.5542.

This high-to-low spread represents a total annual volatility of 0.4974 CRC. From a start-to-finish perspective, comparing the January average rate of 3.8118 to the December average rate of 3.5899, the exchange rate registered a net change of -5.82% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 4.0517 was up 4.42% compared to the 2020 peak of 3.8801, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 PKR based on timing:

Yearly Peak High 2,025,829 CRC
2020 Average 1,806,717 CRC
Yearly Trough Low 1,777,118 CRC
Transaction Impact: A difference of 248,710.98 CRC purely based on transaction execution date.

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4.0666
3.5465
JanuMarcMayJulySeptNove

PKR to CRC 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 3.9264, compared to 3.7137 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2127 points.

H1 Avg (Jan–Jun) 3.9264
H2 Avg (Jul–Dec) 3.7137

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.2044 CRC (High: 3.7661 / Low: 3.5617). On the other end, April was the most stable month, with a tight range of 0.0402 CRC (High: 4.0224 / Low: 3.9822).

November Spread (Volatile) Âą0.2044
April Spread (Stable) Âą0.0402

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 July and August, when the average rate fell by 0.1053 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.1053

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 4.0233) against the same month in 2020 (average: 3.5465), the exchange rate shifted by +0.4768 (+13.44%).

2021 Avg (May) 4.0233
2020 Avg (May) 3.5465

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Month High Low Average
January 3.8325 3.7876 3.8118
February 3.8776 3.8130 3.8402
March 4.0234 3.8751 3.9182
April 4.0224 3.9822 4.0065
May 4.0517 3.9811 4.0233
June 4.0093 3.9146 3.9583
July 3.9356 3.8097 3.8742
August 3.8117 3.7266 3.7689
September 3.7359 3.6619 3.7075
October 3.7203 3.5952 3.6514
November 3.7661 3.5617 3.6901
December 3.6681 3.5542 3.5899