2022 PKR to ISK Historical Review

YEARLY HIGH

0.7553 ISK

YEARLY LOW

0.5656 ISK

YEARLY AVERAGE

0.6655 ISK

2022 PKR to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the PKR to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 7, valuing the pair at 0.7553. Conversely, the yearly low was recorded on August 1, dropping to 0.5656.

This high-to-low spread represents a total annual volatility of 0.1897 ISK. From a start-to-finish perspective, comparing the January average rate of 0.7306 to the December average rate of 0.6318, the exchange rate registered a net change of -13.52% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.7553 was down 9.65% compared to the 2021 peak of 0.8359, 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 377,643 ISK

2021 Average 390,286 ISK

Yearly Trough Low 282,810 ISK

Transaction Impact: A difference of 94,832.93 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.7421

0.6040

JanuMarcMayJulySeptNove

PKR to ISK 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 0.6971, compared to 0.6338 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0632 points.

H1 Avg (Jan–Jun) 0.6971

H2 Avg (Jul–Dec) 0.6338

Volatility Range Comparison

Volatility

The most volatile month in 2022 was July, with a trading range of 0.0988 ISK (High: 0.6661 / Low: 0.5673). On the other end, December was the most stable month, with a tight range of 0.0114 ISK (High: 0.6362 / Low: 0.6248).

July Spread (Volatile) ±0.0988

December Spread (Stable) ±0.0114

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 May and June, when the average rate fell by 0.0354 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0354

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 0.7240) against the same month in 2021 (average: 0.8155), the exchange rate shifted by -0.0915 (-11.22%).

2022 Avg (March) 0.7240

2021 Avg (March) 0.8155

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7404	0.7227	0.7306
February	0.7218	0.7065	0.7120
March	0.7553	0.6969	0.7240
April	0.7157	0.6828	0.6998
May	0.7090	0.6353	0.6756
June	0.6530	0.6215	0.6403
July	0.6661	0.5673	0.6282
August	0.6539	0.5656	0.6286
September	0.6523	0.5847	0.6155
October	0.6690	0.6310	0.6511
November	0.6709	0.6269	0.6479
December	0.6362	0.6248	0.6318