2021 PKR to IDR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 PKR to IDR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the PKR to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 12, valuing the pair at 95.8542. Conversely, the yearly low was recorded on December 23, dropping to 79.4185.
This high-to-low spread represents a total annual volatility of 16.4357 IDR. From a start-to-finish perspective, comparing the January average rate of 87.5514 to the December average rate of 80.6843, the exchange rate registered a net change of -7.84% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2021 high of 95.8542 was down 10.87% compared to the 2020 peak of 107.5458, indicating shifts in long-term support levels.
Comparing the value generated converting 500,000 PKR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
PKR to IDR Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 91.3476, compared to 84.7156 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 6.6319 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was March, with a trading range of 5.2373 IDR (High: 95.4387 / Low: 90.2015). On the other end, September was the most stable month, with a tight range of 1.4448 IDR (High: 85.2949 / Low: 83.8501).
Growth Streaks & Declines
TrendsBetween 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 3.3379 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2021: 94.9384) against the same month in 2020 (average: 95.6994), the exchange rate shifted by -0.7611 (-0.80%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 88.3277 | 86.3380 | 87.5514 |
| February | 90.5209 | 87.1759 | 88.1954 |
| March | 95.4387 | 90.2015 | 92.1993 |
| April | 95.8542 | 93.8905 | 94.9384 |
| May | 94.4782 | 92.0480 | 93.3926 |
| June | 92.5829 | 90.7722 | 91.8084 |
| July | 92.5256 | 88.9651 | 90.6621 |
| August | 88.9524 | 85.4770 | 87.3242 |
| September | 85.2949 | 83.8501 | 84.6482 |
| October | 83.8110 | 80.7755 | 82.5490 |
| November | 84.7606 | 80.8179 | 82.4261 |
| December | 82.7457 | 79.4185 | 80.6843 |