YEARLY HIGH
1.0512 NPR
YEARLY LOW
1.0108 NPR
YEARLY AVERAGE
1.0263 NPR

2016 PKR to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the PKR to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 28, valuing the pair at 1.0512. Conversely, the yearly low was recorded on January 3, dropping to 1.0108.

This high-to-low spread represents a total annual volatility of 0.0404 NPR. From a start-to-finish perspective, comparing the January average rate of 1.0261 to the December average rate of 1.0361, the exchange rate registered a net change of 0.97% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.0512 was up 1.78% compared to the 2015 peak of 1.0327, 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 525,576 NPR
2015 Average 499,371 NPR
Yearly Trough Low 505,393 NPR
Transaction Impact: A difference of 20,182.15 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.0461
1.0127
JanuMarcMayJulySeptNove

PKR to NPR 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 1.0265, compared to 1.0261 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 1.0265
H2 Avg (Jul–Dec) 1.0261

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0302 NPR (High: 1.0475 / Low: 1.0173). On the other end, October was the most stable month, with a tight range of 0.0036 NPR (High: 1.0215 / Low: 1.0179).

November Spread (Volatile) ±0.0302
October Spread (Stable) ±0.0036

Growth Streaks & Declines

Trends

Between April and June, 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 February and March, when the average rate fell by 0.0203 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0203

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2016: 1.0433) against the same month in 2015 (average: 0.9785), the exchange rate shifted by +0.0648 (+6.62%).

2016 Avg (February) 1.0433
2015 Avg (February) 0.9785

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0395 1.0108 1.0261
February 1.0512 1.0347 1.0433
March 1.0395 1.0127 1.0230
April 1.0182 1.0119 1.0155
May 1.0321 1.0125 1.0218
June 1.0386 1.0209 1.0292
July 1.0294 1.0212 1.0257
August 1.0249 1.0199 1.0224
September 1.0254 1.0151 1.0216
October 1.0215 1.0179 1.0196
November 1.0475 1.0173 1.0311
December 1.0444 1.0291 1.0361