2017 MYR to PKR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 MYR to PKR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the MYR to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 27.2208. Conversely, the yearly low was recorded on January 5, dropping to 23.1113.
This high-to-low spread represents a total annual volatility of 4.1095 PKR. From a start-to-finish perspective, comparing the January average rate of 23.4687 to the December average rate of 26.6575, the exchange rate registered a net change of 13.59% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 27.2208 was up 0.38% compared to the 2016 peak of 27.1165, indicating shifts in long-term support levels.
Comparing the value generated converting 20,000 MYR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
MYR 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 23.8678, compared to 25.1503 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.2825 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was December, with a trading range of 1.4493 PKR (High: 27.2208 / Low: 25.7715). On the other end, October was the most stable month, with a tight range of 0.2965 PKR (High: 25.0776 / Low: 24.7811).
Growth Streaks & Declines
TrendsBetween March and September, 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 September and October, when the average rate fell by 0.1300 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2017: 26.6575) against the same month in 2016 (average: 23.5014), the exchange rate shifted by +3.1561 (+13.43%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 23.7686 | 23.1113 | 23.4687 |
| February | 23.7140 | 23.4174 | 23.5941 |
| March | 23.8301 | 23.3291 | 23.5914 |
| April | 24.2208 | 23.6112 | 23.8102 |
| May | 24.6392 | 23.9829 | 24.2676 |
| June | 24.6738 | 24.2942 | 24.4749 |
| July | 24.6817 | 24.2679 | 24.5031 |
| August | 24.8217 | 24.3686 | 24.5522 |
| September | 25.3256 | 24.6305 | 25.0330 |
| October | 25.0776 | 24.7811 | 24.9031 |
| November | 25.7905 | 24.8271 | 25.2531 |
| December | 27.2208 | 25.7715 | 26.6575 |