YEARLY HIGH
0.0240 QAR
YEARLY LOW
0.0203 QAR
YEARLY AVERAGE
0.0224 QAR

2021 PKR to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the PKR to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 9, valuing the pair at 0.0240. Conversely, the yearly low was recorded on December 19, dropping to 0.0203.

This high-to-low spread represents a total annual volatility of 0.0037 QAR. From a start-to-finish perspective, comparing the January average rate of 0.0227 to the December average rate of 0.0205, the exchange rate registered a net change of -9.58% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0240 was up 1.80% compared to the 2020 peak of 0.0236, 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 12,022 QAR
2020 Average 11,259 QAR
Yearly Trough Low 10,174 QAR
Transaction Impact: A difference of 1,848.21 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0241
0.0202
JanuMarcMayJulySeptNove

PKR to QAR 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 0.0233, compared to 0.0216 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 0.0233
H2 Avg (Jul–Dec) 0.0216

Volatility Range Comparison

Volatility

The most volatile month in 2021 was July, with a trading range of 0.0010 QAR (High: 0.0234 / Low: 0.0224). On the other end, January was the most stable month, with a tight range of 0.0002 QAR (High: 0.0228 / Low: 0.0226).

July Spread (Volatile) ±0.0010
January Spread (Stable) ±0.0002

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 0.0006 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 0.0238) against the same month in 2020 (average: 0.0227), the exchange rate shifted by +0.0011 (+4.62%).

2021 Avg (May) 0.0238
2020 Avg (May) 0.0227

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0228 0.0226 0.0227
February 0.0231 0.0227 0.0228
March 0.0239 0.0230 0.0233
April 0.0239 0.0236 0.0238
May 0.0240 0.0235 0.0238
June 0.0236 0.0230 0.0233
July 0.0234 0.0224 0.0228
August 0.0227 0.0219 0.0222
September 0.0221 0.0212 0.0217
October 0.0214 0.0208 0.0212
November 0.0215 0.0206 0.0210
December 0.0208 0.0203 0.0205