2021 HKD to PKR Historical Review

YEARLY HIGH

22.9648 PKR

YEARLY LOW

19.4695 PKR

YEARLY AVERAGE

20.9592 PKR

2021 HKD to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the HKD to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 22.9648. Conversely, the yearly low was recorded on May 9, dropping to 19.4695.

This high-to-low spread represents a total annual volatility of 3.4953 PKR. From a start-to-finish perspective, comparing the January average rate of 20.7137 to the December average rate of 22.7653, the exchange rate registered a net change of 9.90% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 22.9648 was up 5.39% compared to the 2020 peak of 21.7901, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 HKD based on timing:

Yearly Peak High 574,120 PKR

2020 Average 521,646 PKR

Yearly Trough Low 486,738 PKR

Transaction Impact: A difference of 87,382.47 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

23.0706

19.4077

JanuMarcMayJulySeptNove

HKD 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 20.1635, compared to 21.7548 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.5914 points.

H1 Avg (Jan–Jun) 20.1635

H2 Avg (Jul–Dec) 21.7548

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.8612 PKR (High: 22.6463 / Low: 21.7851). On the other end, January was the most stable month, with a tight range of 0.1312 PKR (High: 20.7821 / Low: 20.6509).

November Spread (Volatile) ±0.8612

January Spread (Stable) ±0.1312

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 0.4508 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.4508

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 22.7653) against the same month in 2020 (average: 20.6755), the exchange rate shifted by +2.0898 (+10.11%).

2021 Avg (December) 22.7653

2020 Avg (December) 20.6755

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	20.7821	20.6509	20.7137
February	20.7018	20.3379	20.5573
March	20.3708	19.6327	20.1065
April	19.8839	19.6222	19.7130
May	20.0058	19.4695	19.7388
June	20.3814	19.8979	20.1516
July	20.9194	20.2263	20.5921
August	21.4363	20.9189	21.1653
September	21.9465	21.4906	21.6528
October	22.5203	21.9031	22.1007
November	22.6463	21.7851	22.2528
December	22.9648	22.4847	22.7653