YEARLY HIGH
3.6907 CRC
YEARLY LOW
2.5638 CRC
YEARLY AVERAGE
3.1926 CRC

2022 PKR to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the PKR to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on February 8, valuing the pair at 3.6907. Conversely, the yearly low was recorded on December 28, dropping to 2.5638.

This high-to-low spread represents a total annual volatility of 1.1269 CRC. From a start-to-finish perspective, comparing the January average rate of 3.6186 to the December average rate of 2.6181, the exchange rate registered a net change of -27.65% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 3.6907 was down 8.91% compared to the 2021 peak of 4.0517, 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 1,845,355 CRC
2021 Average 1,909,817 CRC
Yearly Trough Low 1,281,881 CRC
Transaction Impact: A difference of 563,473.89 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

3.7552
2.5147
JanuMarcMayJulySeptNove

PKR to CRC 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 3.5377, compared to 2.8474 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6903 points.

H1 Avg (Jan–Jun) 3.5377
H2 Avg (Jul–Dec) 2.8474

Volatility Range Comparison

Volatility

The most volatile month in 2022 was July, with a trading range of 0.5619 CRC (High: 3.3579 / Low: 2.7960). On the other end, January was the most stable month, with a tight range of 0.0606 CRC (High: 3.6546 / Low: 3.5939).

July Spread (Volatile) ±0.5619
January Spread (Stable) ±0.0606

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2022. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.2158 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.2158

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2022: 3.6518) against the same month in 2021 (average: 3.8402), the exchange rate shifted by -0.1884 (-4.90%).

2022 Avg (February) 3.6518
2021 Avg (February) 3.8402

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3.6546 3.5939 3.6186
February 3.6907 3.6148 3.6518
March 3.6274 3.5515 3.5958
April 3.6165 3.4935 3.5586
May 3.5841 3.3247 3.4511
June 3.4566 3.2359 3.3505
July 3.3579 2.7960 3.1347
August 3.1238 2.7975 2.9822
September 3.0001 2.6282 2.7822
October 2.9059 2.7417 2.8214
November 2.8060 2.6585 2.7458
December 2.6873 2.5638 2.6181