YEARLY HIGH
0.7064 CVE
YEARLY LOW
0.5945 CVE
YEARLY AVERAGE
0.6597 CVE

2019 PKR to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the PKR to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on March 10, valuing the pair at 0.7064. Conversely, the yearly low was recorded on June 30, dropping to 0.5945.

This high-to-low spread represents a total annual volatility of 0.1119 CVE. From a start-to-finish perspective, comparing the January average rate of 0.6942 to the December average rate of 0.6438, the exchange rate registered a net change of -7.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.7064 was down 15.82% compared to the 2018 peak of 0.8391, 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 353,192 CVE
2018 Average 386,803 CVE
Yearly Trough Low 297,237 CVE
Transaction Impact: A difference of 55,955.32 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.7080
0.6094
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 0.6846, compared to 0.6349 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0497 points.

H1 Avg (Jan–Jun) 0.6846
H2 Avg (Jul–Dec) 0.6349

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 0.0832 CVE (High: 0.6777 / Low: 0.5945). On the other end, September was the most stable month, with a tight range of 0.0089 CVE (High: 0.6455 / Low: 0.6366).

June Spread (Volatile) ±0.0832
September Spread (Stable) ±0.0089

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0424 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0424

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2019: 0.6997) against the same month in 2018 (average: 0.7987), the exchange rate shifted by -0.0990 (-12.39%).

2019 Avg (March) 0.6997
2018 Avg (March) 0.7987

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7011 0.6866 0.6942
February 0.7036 0.6930 0.6990
March 0.7064 0.6945 0.6997
April 0.7037 0.6897 0.6958
May 0.6994 0.6513 0.6805
June 0.6777 0.5945 0.6382
July 0.6242 0.6015 0.6176
August 0.6390 0.6135 0.6230
September 0.6455 0.6366 0.6405
October 0.6452 0.6357 0.6405
November 0.6520 0.6385 0.6437
December 0.6517 0.6370 0.6438