2021 PKR to AFN Historical Review

YEARLY HIGH

0.6622 AFN

YEARLY LOW

0.4791 AFN

YEARLY AVERAGE

0.5111 AFN

2021 PKR to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the PKR to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 0.6622. Conversely, the yearly low was recorded on January 16, dropping to 0.4791.

This high-to-low spread represents a total annual volatility of 0.1831 AFN. From a start-to-finish perspective, comparing the January average rate of 0.4815 to the December average rate of 0.5739, the exchange rate registered a net change of 19.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.6622 was up 31.26% compared to the 2020 peak of 0.5045, 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 331,102 AFN

2020 Average 237,606 AFN

Yearly Trough Low 239,549 AFN

Transaction Impact: A difference of 91,553.32 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.5832

0.4722

JanuMarcMayJulySeptNove

PKR to AFN 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: Jan–Jun) was 0.4968, compared to 0.5253 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0285 points.

H1 Avg (Jan–Jun) 0.4968

H2 Avg (Jul–Dec) 0.5253

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.1195 AFN (High: 0.6622 / Low: 0.5427). On the other end, January was the most stable month, with a tight range of 0.0081 AFN (High: 0.4872 / Low: 0.4791).

December Spread (Volatile) ±0.1195

January Spread (Stable) ±0.0081

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0045 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0045

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.5739) against the same month in 2020 (average: 0.4808), the exchange rate shifted by +0.0931 (+19.36%).

2021 Avg (December) 0.5739

2020 Avg (December) 0.4808

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4872	0.4791	0.4815
February	0.4946	0.4811	0.4851
March	0.5061	0.4899	0.4962
April	0.5134	0.5028	0.5074
May	0.5147	0.5048	0.5076
June	0.5081	0.4960	0.5031
July	0.5143	0.4909	0.5000
August	0.5245	0.4855	0.5046
September	0.5315	0.5023	0.5146
October	0.5317	0.5153	0.5240
November	0.5459	0.5203	0.5349
December	0.6622	0.5427	0.5739