YEARLY HIGH
0.6905 NPR
YEARLY LOW
0.5279 NPR
YEARLY AVERAGE
0.6192 NPR

2022 PKR to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the PKR to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 7, valuing the pair at 0.6905. Conversely, the yearly low was recorded on August 2, dropping to 0.5279.

This high-to-low spread represents a total annual volatility of 0.1626 NPR. From a start-to-finish perspective, comparing the January average rate of 0.6744 to the December average rate of 0.5857, the exchange rate registered a net change of -13.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.6905 was down 12.47% compared to the 2021 peak of 0.7888, 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 345,230 NPR
2021 Average 363,394 NPR
Yearly Trough Low 263,938 NPR
Transaction Impact: A difference of 81,292.42 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.6952
0.5441
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 0.6570, compared to 0.5814 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0756 points.

H1 Avg (Jan–Jun) 0.6570
H2 Avg (Jul–Dec) 0.5814

Volatility Range Comparison

Volatility

The most volatile month in 2022 was July, with a trading range of 0.0864 NPR (High: 0.6173 / Low: 0.5309). On the other end, December was the most stable month, with a tight range of 0.0097 NPR (High: 0.5891 / Low: 0.5794).

July Spread (Volatile) ±0.0864
December Spread (Stable) ±0.0097

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2022. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0270 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0270

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 0.6773) against the same month in 2021 (average: 0.7450), the exchange rate shifted by -0.0677 (-9.08%).

2022 Avg (March) 0.6773
2021 Avg (March) 0.7450

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6795 0.6676 0.6744
February 0.6898 0.6761 0.6826
March 0.6905 0.6636 0.6773
April 0.6738 0.6514 0.6601
May 0.6603 0.6127 0.6373
June 0.6287 0.5893 0.6103
July 0.6173 0.5309 0.5855
August 0.5957 0.5279 0.5772
September 0.5835 0.5328 0.5567
October 0.6068 0.5710 0.5958
November 0.5991 0.5800 0.5874
December 0.5891 0.5794 0.5857