2018 PKR to IRR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 PKR to IRR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the PKR to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 12, valuing the pair at 365.4956. Conversely, the yearly low was recorded on December 31, dropping to 301.0596.
This high-to-low spread represents a total annual volatility of 64.4359 IRR. From a start-to-finish perspective, comparing the January average rate of 325.7061 to the December average rate of 303.9575, the exchange rate registered a net change of -6.68% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 365.4956 was up 9.80% compared to the 2017 peak of 332.8645, 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 2018.
PKR to IRR 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 337.7181, compared to 332.9436 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.7745 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was May, with a trading range of 41.3625 IRR (High: 364.4751 / Low: 323.1126). On the other end, September was the most stable month, with a tight range of 2.5408 IRR (High: 350.9495 / Low: 348.4087).
Growth Streaks & Declines
TrendsBetween April and June, 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 September and October, when the average rate fell by 22.4047 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2018: 356.8074) against the same month in 2017 (average: 310.0671), the exchange rate shifted by +46.7404 (+15.07%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 334.0781 | 321.4853 | 325.7061 |
| February | 336.9813 | 333.6484 | 334.9123 |
| March | 339.8802 | 324.7025 | 333.7367 |
| April | 326.2536 | 323.4674 | 324.3763 |
| May | 364.4751 | 323.1126 | 350.7695 |
| June | 365.4956 | 349.3604 | 356.8074 |
| July | 360.4392 | 337.3981 | 347.5729 |
| August | 356.1335 | 348.0864 | 351.4436 |
| September | 350.9495 | 348.4087 | 349.9286 |
| October | 350.3672 | 318.0315 | 327.5239 |
| November | 319.5145 | 315.6432 | 317.2351 |
| December | 316.6995 | 301.0596 | 303.9575 |