2021 MDL to PKR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 MDL to PKR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the MDL to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 10.0713. Conversely, the yearly low was recorded on April 5, dropping to 8.4550.
This high-to-low spread represents a total annual volatility of 1.6162 PKR. From a start-to-finish perspective, comparing the January average rate of 9.3114 to the December average rate of 10.0125, the exchange rate registered a net change of 7.53% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 10.0713 was down 1.85% compared to the 2020 peak of 10.2610, 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 2021.
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 8.8858, compared to 9.5880 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7022 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was March, with a trading range of 0.5548 PKR (High: 9.0355 / Low: 8.4807). On the other end, June was the most stable month, with a tight range of 0.1090 PKR (High: 8.8606 / Low: 8.7516).
Growth Streaks & Declines
TrendsBetween April and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.3316 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2021: 10.0125) against the same month in 2020 (average: 9.3225), the exchange rate shifted by +0.6900 (+7.40%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 9.3869 | 9.2068 | 9.3114 |
| February | 9.2864 | 9.0322 | 9.1535 |
| March | 9.0355 | 8.4807 | 8.8219 |
| April | 8.6817 | 8.4550 | 8.5603 |
| May | 8.8154 | 8.5322 | 8.6644 |
| June | 8.8606 | 8.7516 | 8.8034 |
| July | 9.1269 | 8.7053 | 8.8947 |
| August | 9.4580 | 9.1010 | 9.3222 |
| September | 9.7403 | 9.4588 | 9.5758 |
| October | 9.9960 | 9.7308 | 9.8781 |
| November | 9.9703 | 9.7075 | 9.8450 |
| December | 10.0713 | 9.8670 | 10.0125 |