YEARLY HIGH
23.2538 PKR
YEARLY LOW
17.9166 PKR
YEARLY AVERAGE
20.0926 PKR

2022 MAD to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MAD to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 1, valuing the pair at 23.2538. Conversely, the yearly low was recorded on March 8, dropping to 17.9166.

This high-to-low spread represents a total annual volatility of 5.3371 PKR. From a start-to-finish perspective, comparing the January average rate of 19.0042 to the December average rate of 21.4171, the exchange rate registered a net change of 12.70% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 23.2538 was up 20.42% compared to the 2021 peak of 19.3103, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 116,269 PKR
2021 Average 90,592 PKR
Yearly Trough Low 89,583 PKR
Transaction Impact: A difference of 26,685.73 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

21.7523
18.2005
JanuMarcMayJulySeptNove

MAD 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 19.1541, compared to 21.0311 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.8769 points.

H1 Avg (Jan–Jun) 19.1541
H2 Avg (Jul–Dec) 21.0311

Volatility Range Comparison

Volatility

The most volatile month in 2022 was July, with a trading range of 3.0586 PKR (High: 23.2281 / Low: 20.1695). On the other end, February was the most stable month, with a tight range of 0.4289 PKR (High: 18.8763 / Low: 18.4474).

July Spread (Volatile) ±3.0586
February Spread (Stable) ±0.4289

Growth Streaks & Declines

Trends

Between March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 1.2773 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -1.2773

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2022: 21.2130) against the same month in 2021 (average: 18.3671), the exchange rate shifted by +2.8460 (+15.49%).

2022 Avg (August) 21.2130
2021 Avg (August) 18.3671

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 19.2080 18.7201 19.0042
February 18.8763 18.4474 18.7075
March 18.9883 17.9166 18.4965
April 19.1249 18.5003 18.8162
May 20.4521 18.5487 19.4073
June 21.1561 20.0407 20.4931
July 23.2281 20.1695 21.2888
August 23.2538 20.4208 21.2130
September 22.5105 20.5811 21.4563
October 20.8253 19.7602 20.1790
November 21.0843 20.0814 20.6322
December 21.7028 21.1230 21.4171