YEARLY HIGH
2.3159 MRO
YEARLY LOW
2.1139 MRO
YEARLY AVERAGE
2.2080 MRO

2020 PKR to MRO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the PKR to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on March 3, valuing the pair at 2.3159. Conversely, the yearly low was recorded on August 8, dropping to 2.1139.

This high-to-low spread represents a total annual volatility of 0.2020 MRO. From a start-to-finish perspective, comparing the January average rate of 2.3072 to the December average rate of 2.2273, the exchange rate registered a net change of -3.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.3159 was down 10.19% compared to the 2019 peak of 2.5785, 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 1,157,960 MRO
2019 Average 1,191,968 MRO
Yearly Trough Low 1,056,937 MRO
Transaction Impact: A difference of 101,022.38 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.3313
2.1050
JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 2.2378, compared to 2.1782 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0595 points.

H1 Avg (Jan–Jun) 2.2378
H2 Avg (Jul–Dec) 2.1782

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.1696 MRO (High: 2.3159 / Low: 2.1463). On the other end, February was the most stable month, with a tight range of 0.0064 MRO (High: 2.3152 / Low: 2.3088).

March Spread (Volatile) ±0.1696
February Spread (Stable) ±0.0064

Growth Streaks & Declines

Trends

Between 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 March and April, when the average rate fell by 0.0865 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0865

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 2.2557) against the same month in 2019 (average: 2.5538), the exchange rate shifted by -0.2980 (-11.67%).

2020 Avg (March) 2.2557
2019 Avg (March) 2.5538

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.3119 2.2935 2.3072
February 2.3152 2.3088 2.3124
March 2.3159 2.1463 2.2557
April 2.2318 2.1300 2.1693
May 2.2524 2.1925 2.2262
June 2.1897 2.1231 2.1557
July 2.1489 2.1233 2.1349
August 2.1573 2.1139 2.1239
September 2.1587 2.1441 2.1504
October 2.2250 2.1628 2.1924
November 2.2574 2.2176 2.2404
December 2.2371 2.2219 2.2273