YEARLY HIGH
0.8391 CVE
YEARLY LOW
0.6904 CVE
YEARLY AVERAGE
0.7738 CVE

2018 PKR to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the PKR to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 0.8391. Conversely, the yearly low was recorded on December 31, dropping to 0.6904.

This high-to-low spread represents a total annual volatility of 0.1487 CVE. From a start-to-finish perspective, comparing the January average rate of 0.8205 to the December average rate of 0.6989, the exchange rate registered a net change of -14.82% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.8391 was down 17.44% compared to the 2017 peak of 1.0164, 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 419,555 CVE
2017 Average 465,884 CVE
Yearly Trough Low 345,215 CVE
Transaction Impact: A difference of 74,340.24 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.8327
0.6868
JanuMarcMayJulySeptNove

PKR to CVE 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 0.8025, compared to 0.7452 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0572 points.

H1 Avg (Jan–Jun) 0.8025
H2 Avg (Jul–Dec) 0.7452

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 0.0673 CVE (High: 0.7851 / Low: 0.7177). On the other end, September was the most stable month, with a tight range of 0.0172 CVE (High: 0.7755 / Low: 0.7583).

October Spread (Volatile) ±0.0673
September Spread (Stable) ±0.0172

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2018. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0383 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0383

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 0.8205) against the same month in 2017 (average: 0.9931), the exchange rate shifted by -0.1726 (-17.38%).

2018 Avg (January) 0.8205
2017 Avg (January) 0.9931

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8391 0.8003 0.8205
February 0.8202 0.8015 0.8100
March 0.8196 0.7688 0.7987
April 0.7910 0.7727 0.7800
May 0.8235 0.7930 0.8074
June 0.8205 0.7795 0.7981
July 0.7833 0.7276 0.7597
August 0.7926 0.7681 0.7770
September 0.7755 0.7583 0.7686
October 0.7851 0.7177 0.7417
November 0.7370 0.7180 0.7254
December 0.7241 0.6904 0.6989