YEARLY HIGH
0.0056 EUR
YEARLY LOW
0.0049 EUR
YEARLY AVERAGE
0.0052 EUR

2021 PKR to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the PKR to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 31, valuing the pair at 0.0056. Conversely, the yearly low was recorded on October 26, dropping to 0.0049.

This high-to-low spread represents a total annual volatility of 0.0007 EUR. From a start-to-finish perspective, comparing the January average rate of 0.0051 to the December average rate of 0.0050, the exchange rate registered a net change of -2.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0056 was down 7.00% compared to the 2020 peak of 0.0060, 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 2,793 EUR
2020 Average 2,713 EUR
Yearly Trough Low 2,462 EUR
Transaction Impact: A difference of 331.13 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0055
0.0049
JanuMarcMayJulySeptNove

PKR to EUR 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 0.0053, compared to 0.0051 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0053
H2 Avg (Jul–Dec) 0.0051

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.0003 EUR (High: 0.0056 / Low: 0.0052). On the other end, February was the most stable month, with a tight range of 0.0001 EUR (High: 0.0052 / Low: 0.0052).

March Spread (Volatile) ±0.0003
February Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0001 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 0.0054) against the same month in 2020 (average: 0.0057), the exchange rate shifted by -0.0003 (-5.66%).

2021 Avg (March) 0.0054
2020 Avg (March) 0.0057

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0052 0.0051 0.0051
February 0.0052 0.0052 0.0052
March 0.0056 0.0052 0.0054
April 0.0056 0.0054 0.0055
May 0.0054 0.0053 0.0054
June 0.0054 0.0053 0.0053
July 0.0054 0.0052 0.0053
August 0.0052 0.0051 0.0052
September 0.0051 0.0050 0.0050
October 0.0051 0.0049 0.0050
November 0.0051 0.0050 0.0051
December 0.0050 0.0049 0.0050