YEARLY HIGH
49.1438 PKR
YEARLY LOW
41.5889 PKR
YEARLY AVERAGE
44.7071 PKR

2021 QAR to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the QAR to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 49.1438. Conversely, the yearly low was recorded on May 9, dropping to 41.5889.

This high-to-low spread represents a total annual volatility of 7.5549 PKR. From a start-to-finish perspective, comparing the January average rate of 44.0910 to the December average rate of 48.7614, the exchange rate registered a net change of 10.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 49.1438 was up 5.95% compared to the 2020 peak of 46.3832, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 245,719 PKR
2020 Average 222,235 PKR
Yearly Trough Low 207,945 PKR
Transaction Impact: A difference of 37,774.30 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

49.4302
41.4041
JanuMarcMayJulySeptNove

QAR 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 42.9731, compared to 46.4410 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.4679 points.

H1 Avg (Jan–Jun) 42.9731
H2 Avg (Jul–Dec) 46.4410

Volatility Range Comparison

Volatility

The most volatile month in 2021 was July, with a trading range of 1.9583 PKR (High: 44.6577 / Low: 42.6993). On the other end, January was the most stable month, with a tight range of 0.3238 PKR (High: 44.2560 / Low: 43.9322).

July Spread (Volatile) ±1.9583
January Spread (Stable) ±0.3238

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.9071 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.9071

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 48.7614) against the same month in 2020 (average: 44.0126), the exchange rate shifted by +4.7488 (+10.79%).

2021 Avg (December) 48.7614
2020 Avg (December) 44.0126

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 44.2560 43.9322 44.0910
February 44.0669 43.3311 43.7755
March 43.3924 41.9226 42.8684
April 42.3922 41.8974 42.0729
May 42.6410 41.5889 42.0891
June 43.4674 42.4059 42.9416
July 44.6577 42.6993 43.8812
August 45.7538 44.1456 45.0371
September 47.0807 45.3497 46.1524
October 48.0977 46.6779 47.2118
November 48.4323 46.5706 47.6022
December 49.1438 48.1453 48.7614