YEARLY HIGH
203.0822 PKR
YEARLY LOW
179.0068 PKR
YEARLY AVERAGE
192.5699 PKR

2021 EUR to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the EUR to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 26, valuing the pair at 203.0822. Conversely, the yearly low was recorded on March 31, dropping to 179.0068.

This high-to-low spread represents a total annual volatility of 24.0754 PKR. From a start-to-finish perspective, comparing the January average rate of 195.3961 to the December average rate of 200.7290, the exchange rate registered a net change of 2.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 203.0822 was up 1.14% compared to the 2020 peak of 200.8020, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,015,411 PKR
2020 Average 924,444 PKR
Yearly Trough Low 895,034 PKR
Transaction Impact: A difference of 120,377.13 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

202.4801
181.4670
JanuMarcMayJulySeptNove

EUR 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 188.5970, compared to 196.5427 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 7.9458 points.

H1 Avg (Jan–Jun) 188.5970
H2 Avg (Jul–Dec) 196.5427

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 11.7003 PKR (High: 190.7071 / Low: 179.0068). On the other end, February was the most stable month, with a tight range of 3.0144 PKR (High: 193.7461 / Low: 190.7318).

March Spread (Volatile) ±11.7003
February Spread (Stable) ±3.0144

Growth Streaks & Declines

Trends

Between April and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 6.9742 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -6.9742

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2021: 199.4009) against the same month in 2020 (average: 191.6303), the exchange rate shifted by +7.7706 (+4.05%).

2021 Avg (October) 199.4009
2020 Avg (October) 191.6303

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 197.9359 193.5066 195.3961
February 193.7461 190.7318 192.7633
March 190.7071 179.0068 185.7891
April 186.6091 179.8093 183.2181
May 189.3021 183.5725 186.1808
June 189.7473 186.0789 188.2346
July 192.9704 186.2175 189.2305
August 196.9173 191.7876 193.8999
September 200.4740 196.9307 198.3024
October 203.0822 197.2514 199.4009
November 201.0847 196.1624 197.6937
December 202.7407 198.4197 200.7290