2017 PKR to MRO Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 PKR to MRO Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the PKR to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on September 3, valuing the pair at 3.4856. Conversely, the yearly low was recorded on December 20, dropping to 3.2035.
This high-to-low spread represents a total annual volatility of 0.2821 MRO. From a start-to-finish perspective, comparing the January average rate of 3.4270 to the December average rate of 3.2704, the exchange rate registered a net change of -4.57% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 3.4856 was up 1.43% compared to the 2016 peak of 3.4366, 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 2017.
PKR to MRO 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 3.4324, compared to 3.4049 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0275 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was December, with a trading range of 0.1683 MRO (High: 3.3718 / Low: 3.2035). On the other end, February was the most stable month, with a tight range of 0.0242 MRO (High: 3.4354 / Low: 3.4112).
Growth Streaks & Declines
TrendsBetween February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.1007 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2017: 3.4638) against the same month in 2016 (average: 3.4040), the exchange rate shifted by +0.0598 (+1.76%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 3.4587 | 3.4088 | 3.4270 |
| February | 3.4354 | 3.4112 | 3.4253 |
| March | 3.4421 | 3.4021 | 3.4306 |
| April | 3.4463 | 3.4218 | 3.4347 |
| May | 3.4490 | 3.4232 | 3.4359 |
| June | 3.4606 | 3.4278 | 3.4411 |
| July | 3.4758 | 3.3920 | 3.4389 |
| August | 3.4799 | 3.4181 | 3.4563 |
| September | 3.4856 | 3.4313 | 3.4638 |
| October | 3.4817 | 3.3695 | 3.4288 |
| November | 3.3843 | 3.3529 | 3.3711 |
| December | 3.3718 | 3.2035 | 3.2704 |