2018 PKR to MRO Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 PKR to MRO Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the PKR to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on February 22, valuing the pair at 3.2188. Conversely, the yearly low was recorded on October 8, dropping to 1.6884.
This high-to-low spread represents a total annual volatility of 1.5304 MRO. From a start-to-finish perspective, comparing the January average rate of 3.2069 to the December average rate of 2.5680, the exchange rate registered a net change of -19.92% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 3.2188 was down 7.65% compared to the 2017 peak of 3.4856, 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 2018.
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 3.1217, compared to 2.7588 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3629 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was October, with a trading range of 1.2153 MRO (High: 2.9036 / Low: 1.6884). On the other end, May was the most stable month, with a tight range of 0.0121 MRO (High: 3.0818 / Low: 3.0698).
Growth Streaks & Declines
TrendsBetween July and September, 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 September and October, when the average rate fell by 0.2238 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2018: 3.2113) against the same month in 2017 (average: 3.4253), the exchange rate shifted by -0.2139 (-6.25%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 3.2176 | 3.1920 | 3.2069 |
| February | 3.2188 | 3.2044 | 3.2113 |
| March | 3.2188 | 3.0723 | 3.1656 |
| April | 3.0856 | 3.0490 | 3.0742 |
| May | 3.0818 | 3.0698 | 3.0751 |
| June | 3.0796 | 2.9204 | 2.9971 |
| July | 2.9329 | 2.7557 | 2.8600 |
| August | 2.9244 | 2.8640 | 2.8929 |
| September | 2.9037 | 2.8808 | 2.8953 |
| October | 2.9036 | 1.6884 | 2.6716 |
| November | 2.6842 | 2.6518 | 2.6651 |
| December | 2.6604 | 2.5526 | 2.5680 |