YEARLY HIGH
2.3612 MRO
YEARLY LOW
0.0056 MRO
YEARLY AVERAGE
2.1480 MRO

2021 PKR to MRO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the PKR to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on May 9, valuing the pair at 2.3612. Conversely, the yearly low was recorded on December 30, dropping to 0.0056.

This high-to-low spread represents a total annual volatility of 2.3555 MRO. From a start-to-finish perspective, comparing the January average rate of 2.2229 to the December average rate of 1.4300, the exchange rate registered a net change of -35.67% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.3612 was up 1.95% compared to the 2020 peak of 2.3159, 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 1,180,577 MRO
2020 Average 1,103,871 MRO
Yearly Trough Low 2,802 MRO
Transaction Impact: A difference of 1,177,774.99 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.4209
1.3400
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 2.2820, compared to 2.0140 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2681 points.

H1 Avg (Jan–Jun) 2.2820
H2 Avg (Jul–Dec) 2.0140

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 2.0309 MRO (High: 2.0365 / Low: 0.0056). On the other end, January was the most stable month, with a tight range of 0.0142 MRO (High: 2.2297 / Low: 2.2155).

December Spread (Volatile) ±2.0309
January Spread (Stable) ±0.0142

Growth Streaks & Declines

Trends

Between January and April, 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 November and December, when the average rate fell by 0.6295 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.6295

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 2.3292) against the same month in 2020 (average: 2.2262), the exchange rate shifted by +0.1030 (+4.63%).

2021 Avg (May) 2.3292
2020 Avg (May) 2.2262

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.2297 2.2155 2.2229
February 2.2630 2.2247 2.2399
March 2.3388 2.2596 2.2867
April 2.3402 2.3129 2.3308
May 2.3612 2.2994 2.3292
June 2.3122 2.2557 2.2826
July 2.2729 2.1957 2.2315
August 2.1957 2.1411 2.1671
September 2.1365 2.0891 2.1192
October 2.0938 2.0386 2.0764
November 2.1054 2.0215 2.0596
December 2.0365 0.0056 1.4300