2021 PKR to MGA Historical Review

YEARLY HIGH

24.9451 MGA

YEARLY LOW

21.9004 MGA

YEARLY AVERAGE

23.6818 MGA

2021 PKR to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the PKR to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on April 12, valuing the pair at 24.9451. Conversely, the yearly low was recorded on December 23, dropping to 21.9004.

This high-to-low spread represents a total annual volatility of 3.0446 MGA. From a start-to-finish perspective, comparing the January average rate of 23.7109 to the December average rate of 22.3461, the exchange rate registered a net change of -5.76% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 24.9451 was down 0.75% compared to the 2020 peak of 25.1344, 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 12,472,543 MGA

2020 Average 11,776,415 MGA

Yearly Trough Low 10,950,224 MGA

Transaction Impact: A difference of 1,522,319.88 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

24.9810

22.1066

JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 24.1561, compared to 23.2074 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.9487 points.

H1 Avg (Jan–Jun) 24.1561

H2 Avg (Jul–Dec) 23.2074

Volatility Range Comparison

Volatility

The most volatile month in 2021 was July, with a trading range of 1.4737 MGA (High: 24.8744 / Low: 23.4007). On the other end, September was the most stable month, with a tight range of 0.4741 MGA (High: 23.4664 / Low: 22.9923).

July Spread (Volatile) ±1.4737

September Spread (Stable) ±0.4741

Growth Streaks & Declines

Trends

Between February and April, 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 November and December, when the average rate fell by 0.6080 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.6080

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 24.7415) against the same month in 2020 (average: 22.9325), the exchange rate shifted by +1.8090 (+7.89%).

2021 Avg (April) 24.7415

2020 Avg (April) 22.9325

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	24.4197	23.4356	23.7109
February	23.8015	23.1947	23.6059
March	24.8726	23.7334	24.1732
April	24.9451	24.4129	24.7415
May	24.8051	24.1306	24.5359
June	24.7770	23.8743	24.1691
July	24.8744	23.4007	23.9951
August	23.8109	23.0527	23.6158
September	23.4664	22.9923	23.3224
October	23.3107	22.6889	23.0111
November	23.4216	22.5830	22.9541
December	22.7354	21.9004	22.3461