YEARLY HIGH
0.0186 ILS
YEARLY LOW
0.0141 ILS
YEARLY AVERAGE
0.0165 ILS

2022 PKR to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the PKR to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on February 14, valuing the pair at 0.0186. Conversely, the yearly low was recorded on August 1, dropping to 0.0141.

This high-to-low spread represents a total annual volatility of 0.0045 ILS. From a start-to-finish perspective, comparing the January average rate of 0.0178 to the December average rate of 0.0153, the exchange rate registered a net change of -13.62% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0186 was down 14.93% compared to the 2021 peak of 0.0218, 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 9,293 ILS
2021 Average 9,947 ILS
Yearly Trough Low 7,032 ILS
Transaction Impact: A difference of 2,261.44 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0186
0.0146
JanuMarcMayJulySeptNove

PKR to ILS 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 0.0176, compared to 0.0155 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0022 points.

H1 Avg (Jan–Jun) 0.0176
H2 Avg (Jul–Dec) 0.0155

Volatility Range Comparison

Volatility

The most volatile month in 2022 was July, with a trading range of 0.0030 ILS (High: 0.0173 / Low: 0.0142). On the other end, December was the most stable month, with a tight range of 0.0005 ILS (High: 0.0156 / Low: 0.0151).

July Spread (Volatile) ±0.0030
December Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between August and October, 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 July and August, when the average rate fell by 0.0010 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2022: 0.0183) against the same month in 2021 (average: 0.0205), the exchange rate shifted by -0.0022 (-10.87%).

2022 Avg (February) 0.0183
2021 Avg (February) 0.0205

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0181 0.0174 0.0178
February 0.0186 0.0180 0.0183
March 0.0185 0.0174 0.0180
April 0.0180 0.0173 0.0176
May 0.0184 0.0165 0.0174
June 0.0172 0.0163 0.0167
July 0.0173 0.0142 0.0159
August 0.0153 0.0141 0.0149
September 0.0156 0.0144 0.0150
October 0.0165 0.0156 0.0160
November 0.0162 0.0152 0.0156
December 0.0156 0.0151 0.0153