2018 MDL to PKR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 MDL to PKR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the MDL to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 8.2240. Conversely, the yearly low was recorded on January 10, dropping to 6.4365.
This high-to-low spread represents a total annual volatility of 1.7875 PKR. From a start-to-finish perspective, comparing the January average rate of 6.5299 to the December average rate of 8.0954, the exchange rate registered a net change of 23.98% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 8.2240 was up 27.16% compared to the 2017 peak of 6.4673, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MDL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
MDL to PKR Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 6.8262, compared to 7.6291 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8028 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was October, with a trading range of 0.5941 PKR (High: 7.8637 / Low: 7.2696). On the other end, April was the most stable month, with a tight range of 0.0974 PKR (High: 7.0739 / Low: 6.9764).
Growth Streaks & Declines
TrendsBetween 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 April and May, when the average rate fell by 0.0939 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2018: 8.0954) against the same month in 2017 (average: 6.3277), the exchange rate shifted by +1.7677 (+27.94%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 6.6356 | 6.4365 | 6.5299 |
| February | 6.6916 | 6.5589 | 6.6370 |
| March | 7.0279 | 6.6229 | 6.7842 |
| April | 7.0739 | 6.9764 | 7.0303 |
| May | 7.0094 | 6.8042 | 6.9364 |
| June | 7.2067 | 6.8192 | 7.0396 |
| July | 7.7883 | 7.1987 | 7.4568 |
| August | 7.4971 | 7.3042 | 7.4123 |
| September | 7.3914 | 7.2923 | 7.3399 |
| October | 7.8637 | 7.2696 | 7.6410 |
| November | 7.8992 | 7.7821 | 7.8291 |
| December | 8.2240 | 7.8145 | 8.0954 |