YEARLY HIGH
242.5477 IRR
YEARLY LOW
175.9014 IRR
YEARLY AVERAGE
208.9296 IRR

2022 PKR to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the PKR to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 6, valuing the pair at 242.5477. Conversely, the yearly low was recorded on September 24, dropping to 175.9014.

This high-to-low spread represents a total annual volatility of 66.6464 IRR. From a start-to-finish perspective, comparing the January average rate of 239.3773 to the December average rate of 185.2271, the exchange rate registered a net change of -22.62% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 242.5477 was down 12.90% compared to the 2021 peak of 278.4773, 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 121,273,875 IRR
2021 Average 129,653,335 IRR
Yearly Trough Low 87,950,683 IRR
Transaction Impact: A difference of 33,323,191.96 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

246.2708
178.2004
JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 228.1736, compared to 189.6856 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 38.4880 points.

H1 Avg (Jan–Jun) 228.1736
H2 Avg (Jul–Dec) 189.6856

Volatility Range Comparison

Volatility

The most volatile month in 2022 was July, with a trading range of 30.2198 IRR (High: 207.0184 / Low: 176.7985). On the other end, January was the most stable month, with a tight range of 3.2552 IRR (High: 240.4221 / Low: 237.1669).

July Spread (Volatile) ±30.2198
January Spread (Stable) ±3.2552

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2022. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 11.8356 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -11.8356

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2022: 240.5983) against the same month in 2021 (average: 264.1732), the exchange rate shifted by -23.5749 (-8.92%).

2022 Avg (February) 240.5983
2021 Avg (February) 264.1732

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 240.4221 237.1669 239.3773
February 242.5477 237.9168 240.5983
March 237.7076 231.5823 234.8836
April 233.0676 224.8691 229.0773
May 227.8725 208.8327 218.2625
June 214.4493 199.3620 206.8424
July 207.0184 176.7985 195.0069
August 198.0940 177.2273 191.8708
September 193.8416 175.9014 183.8729
October 194.8308 185.2258 191.5885
November 193.0158 188.6176 190.5473
December 189.6937 183.3718 185.2271