YEARLY HIGH
0.6178 CVE
YEARLY LOW
0.5446 CVE
YEARLY AVERAGE
0.5753 CVE

2021 PKR to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the PKR to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on March 31, valuing the pair at 0.6178. Conversely, the yearly low was recorded on October 26, dropping to 0.5446.

This high-to-low spread represents a total annual volatility of 0.0732 CVE. From a start-to-finish perspective, comparing the January average rate of 0.5665 to the December average rate of 0.5520, the exchange rate registered a net change of -2.56% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.6178 was down 61.88% compared to the 2020 peak of 1.6205, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 PKR based on timing:

Yearly Peak High 308,896 CVE
2020 Average 301,745 CVE
Yearly Trough Low 272,308 CVE
Transaction Impact: A difference of 36,588.51 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.6102
0.5467
JanuMarcMayJulySeptNove

PKR to CVE 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: JanтАУJun) was 0.5876, compared to 0.5630 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 0.0246 points.

H1 Avg (JanтАУJun) 0.5876
H2 Avg (JulтАУDec) 0.5630

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.0371 CVE (High: 0.6178 / Low: 0.5807). On the other end, January was the most stable month, with a tight range of 0.0079 CVE (High: 0.5703 / Low: 0.5623).

March Spread (Volatile) ┬▒0.0371
January Spread (Stable) ┬▒0.0079

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 0.0162 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0162

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 0.5963) against the same month in 2020 (average: 0.6654), the exchange rate shifted by -0.0690 (-10.38%).

2021 Avg (March) 0.5963
2020 Avg (March) 0.6654

рдорд╛рд╕рд┐рдХ рд╡рд┐рд╢реНрд▓реЗрд╖рдг

рдкреНрд░рддреНрдпреЗрдХ рдХреЕрд▓реЗрдВрдбрд░ рдорд╣рд┐рдиреНрдпрд╛рд╕рд╛рдареА рд╕рд╛рдВрдЦреНрдпрд┐рдХреАрдп рд╕рд╛рд░рд╛рдВрд╢.

Month High Low Average
January 0.5703 0.5623 0.5665
February 0.5791 0.5711 0.5745
March 0.6178 0.5807 0.5963
April 0.6164 0.5931 0.6049
May 0.6065 0.5832 0.5952
June 0.6071 0.5799 0.5882
July 0.5950 0.5731 0.5855
August 0.5760 0.5596 0.5693
September 0.5619 0.5518 0.5573
October 0.5610 0.5446 0.5548
November 0.5645 0.5501 0.5590
December 0.5602 0.5466 0.5520