2011 PKR to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2011.
2011 PKR to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2011
During 2011, the PKR to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 25.0108. Conversely, the yearly low was recorded on September 5, dropping to 22.2715.
This high-to-low spread represents a total annual volatility of 2.7393 MGA. From a start-to-finish perspective, comparing the January average rate of 24.3989 to the December average rate of 23.9143, the exchange rate registered a net change of -1.99% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2011 high of 25.0108 was down 5.19% compared to the 2010 peak of 26.3797, 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 2011.
PKR to MGA 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 23.3971, compared to 23.4052 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0081 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2011 was December, with a trading range of 1.5821 MGA (High: 24.8258 / Low: 23.2436). On the other end, June was the most stable month, with a tight range of 0.3756 MGA (High: 22.7235 / Low: 22.3480).
Growth Streaks & Declines
TrendsBetween August and November, 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 January and February, when the average rate fell by 0.7406 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2011: 24.3989) against the same month in 2010 (average: 23.9667), the exchange rate shifted by +0.4322 (+1.80%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 25.0108 | 23.9033 | 24.3989 |
| February | 23.9147 | 23.3477 | 23.6583 |
| March | 23.6732 | 23.2159 | 23.4900 |
| April | 23.5094 | 22.9316 | 23.2528 |
| May | 23.2605 | 22.6159 | 22.9889 |
| June | 22.7235 | 22.3480 | 22.5938 |
| July | 22.9684 | 22.3897 | 22.7236 |
| August | 22.9240 | 22.3770 | 22.6039 |
| September | 23.7231 | 22.2715 | 22.9242 |
| October | 24.4382 | 22.8658 | 24.0380 |
| November | 24.5631 | 23.7784 | 24.2272 |
| December | 24.8258 | 23.2436 | 23.9143 |