YEARLY HIGH
0.5715 CVE
YEARLY LOW
0.4364 CVE
YEARLY AVERAGE
0.5172 CVE

2022 PKR to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the PKR to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on March 7, valuing the pair at 0.5715. Conversely, the yearly low was recorded on July 31, dropping to 0.4364.

This high-to-low spread represents a total annual volatility of 0.1351 CVE. From a start-to-finish perspective, comparing the January average rate of 0.5534 to the December average rate of 0.4633, the exchange rate registered a net change of -16.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.5715 was down 7.50% compared to the 2021 peak of 0.6178, 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 285,734 CVE
2021 Average 287,631 CVE
Yearly Trough Low 218,207 CVE
Transaction Impact: A difference of 67,526.27 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.5681
0.4538
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 0.5452, compared to 0.4892 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0559 points.

H1 Avg (Jan–Jun) 0.5452
H2 Avg (Jul–Dec) 0.4892

Volatility Range Comparison

Volatility

The most volatile month in 2022 was July, with a trading range of 0.0896 CVE (High: 0.5261 / Low: 0.4364). On the other end, February was the most stable month, with a tight range of 0.0123 CVE (High: 0.5641 / Low: 0.5518).

July Spread (Volatile) ±0.0896
February Spread (Stable) ±0.0123

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 0.0287 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0287

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 0.5586) against the same month in 2021 (average: 0.5963), the exchange rate shifted by -0.0377 (-6.33%).

2022 Avg (March) 0.5586
2021 Avg (March) 0.5963

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5622 0.5470 0.5534
February 0.5641 0.5518 0.5557
March 0.5715 0.5437 0.5586
April 0.5676 0.5411 0.5523
May 0.5668 0.5100 0.5398
June 0.5242 0.4959 0.5111
July 0.5261 0.4364 0.4954
August 0.5113 0.4506 0.4953
September 0.5100 0.4431 0.4828
October 0.5297 0.4929 0.5101
November 0.5079 0.4715 0.4885
December 0.4754 0.4571 0.4633