YEARLY HIGH
0.1006 MVR
YEARLY LOW
0.0912 MVR
YEARLY AVERAGE
0.0954 MVR

2020 PKR to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the PKR to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 3, valuing the pair at 0.1006. Conversely, the yearly low was recorded on August 8, dropping to 0.0912.

This high-to-low spread represents a total annual volatility of 0.0094 MVR. From a start-to-finish perspective, comparing the January average rate of 0.0999 to the December average rate of 0.0962, the exchange rate registered a net change of -3.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.1006 was down 10.13% compared to the 2019 peak of 0.1120, 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 50,308 MVR
2019 Average 51,565 MVR
Yearly Trough Low 45,593 MVR
Transaction Impact: A difference of 4,714.62 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1009
0.0908
JanuMarcMayJulySeptNove

PKR to MVR 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 0.0968, compared to 0.0940 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0028 points.

H1 Avg (Jan–Jun) 0.0968
H2 Avg (Jul–Dec) 0.0940

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0080 MVR (High: 0.1006 / Low: 0.0926). On the other end, December was the most stable month, with a tight range of 0.0007 MVR (High: 0.0965 / Low: 0.0959).

March Spread (Volatile) ±0.0080
December Spread (Stable) ±0.0007

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 0.0039 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0039

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.0976) against the same month in 2019 (average: 0.1106), the exchange rate shifted by -0.0130 (-11.73%).

2020 Avg (March) 0.0976
2019 Avg (March) 0.1106

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1001 0.0993 0.0999
February 0.1005 0.0997 0.1001
March 0.1006 0.0926 0.0976
April 0.0966 0.0919 0.0937
May 0.0975 0.0949 0.0965
June 0.0951 0.0916 0.0933
July 0.0927 0.0917 0.0921
August 0.0931 0.0912 0.0917
September 0.0932 0.0925 0.0928
October 0.0960 0.0933 0.0946
November 0.0974 0.0957 0.0967
December 0.0965 0.0959 0.0962