YEARLY HIGH
0.0218 ILS
YEARLY LOW
0.0174 ILS
YEARLY AVERAGE
0.0199 ILS

2021 PKR to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the PKR to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on March 31, valuing the pair at 0.0218. Conversely, the yearly low was recorded on December 28, dropping to 0.0174.

This high-to-low spread represents a total annual volatility of 0.0045 ILS. From a start-to-finish perspective, comparing the January average rate of 0.0201 to the December average rate of 0.0176, the exchange rate registered a net change of -12.30% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0218 was down 9.42% compared to the 2020 peak of 0.0241, 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 10,924 ILS
2020 Average 10,636 ILS
Yearly Trough Low 8,695 ILS
Transaction Impact: A difference of 2,229.11 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0218
0.0173
JanuMarcMayJulySeptNove

PKR to ILS 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 0.0209, compared to 0.0189 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 0.0209
H2 Avg (Jul–Dec) 0.0189

Volatility Range Comparison

Volatility

The most volatile month in 2021 was July, with a trading range of 0.0010 ILS (High: 0.0208 / Low: 0.0198). On the other end, September was the most stable month, with a tight range of 0.0003 ILS (High: 0.0192 / Low: 0.0189).

July Spread (Volatile) ±0.0010
September Spread (Stable) ±0.0003

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 July and August, when the average rate fell by 0.0009 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 0.0212) against the same month in 2020 (average: 0.0227), the exchange rate shifted by -0.0014 (-6.31%).

2021 Avg (March) 0.0212
2020 Avg (March) 0.0227

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0204 0.0195 0.0201
February 0.0210 0.0203 0.0205
March 0.0218 0.0209 0.0212
April 0.0218 0.0210 0.0214
May 0.0216 0.0209 0.0213
June 0.0210 0.0205 0.0208
July 0.0208 0.0198 0.0204
August 0.0198 0.0192 0.0196
September 0.0192 0.0189 0.0190
October 0.0190 0.0183 0.0187
November 0.0184 0.0176 0.0180
December 0.0180 0.0174 0.0176