YEARLY HIGH
0.1018 MVR
YEARLY LOW
0.0859 MVR
YEARLY AVERAGE
0.0949 MVR

2021 PKR to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the PKR to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 10, valuing the pair at 0.1018. Conversely, the yearly low was recorded on December 19, dropping to 0.0859.

This high-to-low spread represents a total annual volatility of 0.0159 MVR. From a start-to-finish perspective, comparing the January average rate of 0.0959 to the December average rate of 0.0870, the exchange rate registered a net change of -9.34% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1018 was up 1.18% compared to the 2020 peak of 0.1006, 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 50,902 MVR
2020 Average 47,705 MVR
Yearly Trough Low 42,973 MVR
Transaction Impact: A difference of 7,929.36 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.1023
0.0856
JanuMarcMayJulySeptNove

PKR to MVR 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 0.0986, compared to 0.0913 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 0.0073 points.

H1 Avg (JanтАУJun) 0.0986
H2 Avg (JulтАУDec) 0.0913

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.0038 MVR (High: 0.1013 / Low: 0.0975). On the other end, January was the most stable month, with a tight range of 0.0007 MVR (High: 0.0962 / Low: 0.0956).

March Spread (Volatile) ┬▒0.0038
January Spread (Stable) ┬▒0.0007

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 0.0025 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0025

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 0.1006) against the same month in 2020 (average: 0.0965), the exchange rate shifted by +0.0041 (+4.24%).

2021 Avg (May) 0.1006
2020 Avg (May) 0.0965

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Month High Low Average
January 0.0962 0.0956 0.0959
February 0.0977 0.0960 0.0967
March 0.1013 0.0975 0.0989
April 0.1013 0.1001 0.1009
May 0.1018 0.0992 0.1006
June 0.1001 0.0972 0.0988
July 0.0980 0.0949 0.0963
August 0.0949 0.0927 0.0938
September 0.0925 0.0904 0.0916
October 0.0906 0.0882 0.0898
November 0.0911 0.0873 0.0891
December 0.0882 0.0859 0.0870