YEARLY HIGH
6.0608 PKR
YEARLY LOW
4.6545 PKR
YEARLY AVERAGE
5.0786 PKR

2018 HNL to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the HNL to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 5, valuing the pair at 6.0608. Conversely, the yearly low was recorded on January 10, dropping to 4.6545.

This high-to-low spread represents a total annual volatility of 1.4063 PKR. From a start-to-finish perspective, comparing the January average rate of 4.6833 to the December average rate of 5.7311, the exchange rate registered a net change of 22.37% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 6.0608 was up 29.03% compared to the 2017 peak of 4.6971, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 30,304 PKR
2017 Average 22,434 PKR
Yearly Trough Low 23,273 PKR
Transaction Impact: A difference of 7,031.52 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

5.8358
4.5785
JanuMarcMayJulySeptNove

HNL 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 4.8061, compared to 5.3510 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5449 points.

H1 Avg (Jan–Jun) 4.8061
H2 Avg (Jul–Dec) 5.3510

Volatility Range Comparison

Volatility

The most volatile month in 2018 was December, with a trading range of 0.5579 PKR (High: 6.0608 / Low: 5.5030). On the other end, April was the most stable month, with a tight range of 0.0229 PKR (High: 4.8930 / Low: 4.8701).

December Spread (Volatile) ±0.5579
April Spread (Stable) ±0.0229

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 0.0608 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0608

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 5.7311) against the same month in 2017 (average: 4.5986), the exchange rate shifted by +1.1325 (+24.63%).

2018 Avg (December) 5.7311
2017 Avg (December) 4.5986

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4.7018 4.6545 4.6833
February 4.7083 4.6737 4.6892
March 4.8927 4.6766 4.7570
April 4.8930 4.8701 4.8854
May 4.8964 4.8402 4.8663
June 5.0837 4.8128 4.9558
July 5.3951 5.0526 5.1953
August 5.1644 5.1051 5.1344
September 5.1454 5.1126 5.1289
October 5.5481 5.1041 5.3978
November 5.5618 5.4801 5.5187
December 6.0608 5.5030 5.7311