YEARLY HIGH
278.4773 IRR
YEARLY LOW
235.7940 IRR
YEARLY AVERAGE
259.3491 IRR

2021 PKR to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the PKR to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 9, valuing the pair at 278.4773. Conversely, the yearly low was recorded on December 19, dropping to 235.7940.

This high-to-low spread represents a total annual volatility of 42.6833 IRR. From a start-to-finish perspective, comparing the January average rate of 262.2000 to the December average rate of 238.0394, the exchange rate registered a net change of -9.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 278.4773 was down 29.74% compared to the 2020 peak of 396.3637, 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 139,238,653 IRR
2020 Average 130,400,047 IRR
Yearly Trough Low 117,896,997 IRR
Transaction Impact: A difference of 21,341,655.92 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

278.5877
234.3532
JanuMarcMayJulySeptNove

PKR to IRR 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 269.1580, compared to 249.5403 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 19.6177 points.

H1 Avg (JanтАУJun) 269.1580
H2 Avg (JulтАУDec) 249.5403

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 9.7844 IRR (High: 249.1693 / Low: 239.3849). On the other end, January was the most stable month, with a tight range of 1.6485 IRR (High: 262.9774 / Low: 261.3289).

November Spread (Volatile) ┬▒9.7844
January Spread (Stable) ┬▒1.6485

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 7.3846 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -7.3846

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 274.7161) against the same month in 2020 (average: 262.6216), the exchange rate shifted by +12.0945 (+4.61%).

2021 Avg (May) 274.7161
2020 Avg (May) 262.6216

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 262.9774 261.3289 262.2000
February 266.9022 262.3872 264.1732
March 275.8445 266.5016 269.7165
April 276.0107 272.7891 274.9015
May 278.4773 271.1977 274.7161
June 272.7508 266.0413 269.2407
July 268.0672 259.2733 263.3785
August 259.2733 253.0815 255.9939
September 252.5380 247.0680 250.5194
October 247.4780 241.2580 245.5435
November 249.1693 239.3849 243.7671
December 241.1621 235.7940 238.0394