2021 PKR to NGN Historical Review

YEARLY HIGH

2.7134 NGN

YEARLY LOW

2.3015 NGN

YEARLY AVERAGE

2.4795 NGN

2021 PKR to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the PKR to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on May 16, valuing the pair at 2.7134. Conversely, the yearly low was recorded on December 19, dropping to 2.3015.

This high-to-low spread represents a total annual volatility of 0.4119 NGN. From a start-to-finish perspective, comparing the January average rate of 2.4149 to the December average rate of 2.3162, the exchange rate registered a net change of -4.09% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.7134 was up 10.14% compared to the 2020 peak of 2.4635, 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 1,356,694 NGN

2020 Average 1,175,216 NGN

Yearly Trough Low 1,150,732 NGN

Transaction Impact: A difference of 205,961.09 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.6692

2.2841

JanuMarcMayJulySeptNove

PKR to NGN 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 2.5275, compared to 2.4315 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0959 points.

H1 Avg (Jan–Jun) 2.5275

H2 Avg (Jul–Dec) 2.4315

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.2300 NGN (High: 2.7134 / Low: 2.4834). On the other end, December was the most stable month, with a tight range of 0.0440 NGN (High: 2.3455 / Low: 2.3015).

May Spread (Volatile) ±0.2300

December Spread (Stable) ±0.0440

Growth Streaks & Declines

Trends

Between January and May, 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 July and August, when the average rate fell by 0.0720 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0720

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 2.6371) against the same month in 2020 (average: 2.4265), the exchange rate shifted by +0.2106 (+8.68%).

2021 Avg (May) 2.6371

2020 Avg (May) 2.4265

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.4680	2.3685	2.4149
February	2.5880	2.3698	2.4464
March	2.6373	2.4084	2.4856
April	2.6829	2.4587	2.5509
May	2.7134	2.4834	2.6371
June	2.6702	2.5980	2.6300
July	2.6165	2.5307	2.5702
August	2.5307	2.4670	2.4982
September	2.4636	2.4065	2.4431
October	2.4144	2.3451	2.3907
November	2.4234	2.3256	2.3709
December	2.3455	2.3015	2.3162