2021 PKR to NPR Historical Review

YEARLY HIGH

0.7888 NPR

YEARLY LOW

0.6670 NPR

YEARLY AVERAGE

0.7268 NPR

2021 PKR to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the PKR to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 13, valuing the pair at 0.7888. Conversely, the yearly low was recorded on December 30, dropping to 0.6670.

This high-to-low spread represents a total annual volatility of 0.1218 NPR. From a start-to-finish perspective, comparing the January average rate of 0.7284 to the December average rate of 0.6789, the exchange rate registered a net change of -6.80% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.7888 was up 2.80% compared to the 2020 peak of 0.7674, 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 394,408 NPR

2020 Average 366,315 NPR

Yearly Trough Low 333,511 NPR

Transaction Impact: A difference of 60,896.84 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.7861

0.6691

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 0.7494, compared to 0.7043 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0451 points.

H1 Avg (Jan–Jun) 0.7494

H2 Avg (Jul–Dec) 0.7043

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.0320 NPR (High: 0.7693 / Low: 0.7373). On the other end, September was the most stable month, with a tight range of 0.0065 NPR (High: 0.7011 / Low: 0.6946).

March Spread (Volatile) ±0.0320

September Spread (Stable) ±0.0065

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 July and August, when the average rate fell by 0.0247 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0247

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 0.7764) against the same month in 2020 (average: 0.7402), the exchange rate shifted by +0.0362 (+4.88%).

2021 Avg (April) 0.7764

2020 Avg (April) 0.7402

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7318	0.7241	0.7284
February	0.7417	0.7267	0.7296
March	0.7693	0.7373	0.7450
April	0.7888	0.7631	0.7764
May	0.7740	0.7478	0.7643
June	0.7561	0.7467	0.7525
July	0.7587	0.7313	0.7447
August	0.7313	0.6995	0.7200
September	0.7011	0.6946	0.6983
October	0.7059	0.6851	0.6967
November	0.7027	0.6781	0.6872
December	0.6858	0.6670	0.6789