YEARLY HIGH
1.8207 PKR
YEARLY LOW
0.6171 PKR
YEARLY AVERAGE
1.6665 PKR

2020 CVE to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the CVE to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 20, valuing the pair at 1.8207. Conversely, the yearly low was recorded on March 18, dropping to 0.6171.

This high-to-low spread represents a total annual volatility of 1.2036 PKR. From a start-to-finish perspective, comparing the January average rate of 1.5526 to the December average rate of 1.7630, the exchange rate registered a net change of 13.55% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.8207 was up 8.24% compared to the 2019 peak of 1.6822, 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 9,104 PKR
2019 Average 7,599 PKR
Yearly Trough Low 3,085 PKR
Transaction Impact: A difference of 6,018.15 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.8284
1.4942
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 1.5841, compared to 1.7490 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1648 points.

H1 Avg (Jan–Jun) 1.5841
H2 Avg (Jul–Dec) 1.7490

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 1.0359 PKR (High: 1.6530 / Low: 0.6171). On the other end, February was the most stable month, with a tight range of 0.0380 PKR (High: 1.5421 / Low: 1.5041).

March Spread (Volatile) ±1.0359
February Spread (Stable) ±0.0380

Growth Streaks & Declines

Trends

Between May and August, 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 September and October, when the average rate fell by 0.0383 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0383

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2020: 1.8005) against the same month in 2019 (average: 1.6052), the exchange rate shifted by +0.1953 (+12.16%).

2020 Avg (August) 1.8005
2019 Avg (August) 1.6052

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.5779 1.5350 1.5526
February 1.5421 1.5041 1.5221
March 1.6530 0.6171 1.5482
April 1.6538 1.5591 1.6164
May 1.6364 1.5559 1.5821
June 1.7119 1.6392 1.6833
July 1.7861 1.6629 1.7269
August 1.8207 1.7737 1.8005
September 1.7865 1.7391 1.7691
October 1.7507 1.6952 1.7307
November 1.7285 1.6848 1.7037
December 1.7819 1.7356 1.7630