YEARLY HIGH
1.0943 PKR
YEARLY LOW
0.9823 PKR
YEARLY AVERAGE
1.0512 PKR

2016 CVE to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the CVE to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 4, valuing the pair at 1.0943. Conversely, the yearly low was recorded on December 20, dropping to 0.9823.

This high-to-low spread represents a total annual volatility of 0.1120 PKR. From a start-to-finish perspective, comparing the January average rate of 1.0337 to the December average rate of 1.0016, the exchange rate registered a net change of -3.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.0943 was down 1.16% compared to the 2015 peak of 1.1071, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,471 PKR
2015 Average 5,176 PKR
Yearly Trough Low 4,911 PKR
Transaction Impact: A difference of 559.93 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.0840
0.9941
JanuMarcMayJulySeptNove

CVE 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 1.0600, compared to 1.0425 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0175 points.

H1 Avg (Jan–Jun) 1.0600
H2 Avg (Jul–Dec) 1.0425

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0492 PKR (High: 1.0546 / Low: 1.0054). On the other end, September was the most stable month, with a tight range of 0.0097 PKR (High: 1.0682 / Low: 1.0585).

November Spread (Volatile) ±0.0492
September Spread (Stable) ±0.0097

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 November and December, when the average rate fell by 0.0249 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0249

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 1.0762) against the same month in 2015 (average: 1.0337), the exchange rate shifted by +0.0425 (+4.12%).

2016 Avg (May) 1.0762
2015 Avg (May) 1.0337

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0391 1.0232 1.0337
February 1.0712 1.0343 1.0528
March 1.0756 1.0316 1.0552
April 1.0856 1.0671 1.0765
May 1.0943 1.0596 1.0762
June 1.0812 1.0461 1.0654
July 1.0596 1.0440 1.0525
August 1.0761 1.0515 1.0643
September 1.0682 1.0585 1.0628
October 1.0646 1.0339 1.0476
November 1.0546 1.0054 1.0265
December 1.0212 0.9823 1.0016