YEARLY HIGH
1.6822 PKR
YEARLY LOW
1.4157 PKR
YEARLY AVERAGE
1.5193 PKR

2019 CVE to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the CVE to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 30, valuing the pair at 1.6822. Conversely, the yearly low was recorded on March 10, dropping to 1.4157.

This high-to-low spread represents a total annual volatility of 0.2665 PKR. From a start-to-finish perspective, comparing the January average rate of 1.4406 to the December average rate of 1.5534, the exchange rate registered a net change of 7.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 1.6822 was up 16.14% compared to the 2018 peak of 1.4484, 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 8,411 PKR
2018 Average 6,479 PKR
Yearly Trough Low 7,078 PKR
Transaction Impact: A difference of 1,332.50 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

1.6383
1.4101
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 1.4629, compared to 1.5756 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1127 points.

H1 Avg (Jan–Jun) 1.4629
H2 Avg (Jul–Dec) 1.5756

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 0.2066 PKR (High: 1.6822 / Low: 1.4756). On the other end, September was the most stable month, with a tight range of 0.0218 PKR (High: 1.5709 / Low: 1.5491).

June Spread (Volatile) ±0.2066
September Spread (Stable) ±0.0218

Growth Streaks & Declines

Trends

Between March and July, 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 August and September, when the average rate fell by 0.0440 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0440

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2019: 1.5693) against the same month in 2018 (average: 1.2534), the exchange rate shifted by +0.3159 (+25.20%).

2019 Avg (June) 1.5693
2018 Avg (June) 1.2534

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.4565 1.4264 1.4406
February 1.4431 1.4213 1.4307
March 1.4399 1.4157 1.4291
April 1.4500 1.4211 1.4373
May 1.5354 1.4298 1.4706
June 1.6822 1.4756 1.5693
July 1.6626 1.6021 1.6193
August 1.6301 1.5648 1.6052
September 1.5709 1.5491 1.5612
October 1.5731 1.5500 1.5612
November 1.5661 1.5337 1.5535
December 1.5700 1.5345 1.5534