YEARLY HIGH
0.0048 SHP
YEARLY LOW
0.0041 SHP
YEARLY AVERAGE
0.0045 SHP

2021 PKR to SHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the PKR to SHP exchange rate experienced significant fluctuation. The market reached its absolute peak on April 11, valuing the pair at 0.0048. Conversely, the yearly low was recorded on December 31, dropping to 0.0041.

This high-to-low spread represents a total annual volatility of 0.0006 SHP. From a start-to-finish perspective, comparing the January average rate of 0.0046 to the December average rate of 0.0042, the exchange rate registered a net change of -7.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0048 was down 12.77% compared to the 2020 peak of 0.0055, 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 2,388 SHP
2020 Average 2,411 SHP
Yearly Trough Low 2,073 SHP
Transaction Impact: A difference of 315.33 SHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0048
0.0042
JanuMarcMayJulySeptNove

PKR to SHP 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 0.0046, compared to 0.0043 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0046
H2 Avg (Jul–Dec) 0.0043

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.0002 SHP (High: 0.0048 / Low: 0.0045). On the other end, January was the most stable month, with a tight range of 0.0001 SHP (High: 0.0046 / Low: 0.0045).

March Spread (Volatile) ±0.0002
January Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between February and April, 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 July and August, when the average rate fell by 0.0001 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 0.0047) against the same month in 2020 (average: 0.0049), the exchange rate shifted by -0.0002 (-3.61%).

2021 Avg (April) 0.0047
2020 Avg (April) 0.0049

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0046 0.0045 0.0046
February 0.0046 0.0044 0.0045
March 0.0048 0.0045 0.0046
April 0.0048 0.0047 0.0047
May 0.0047 0.0045 0.0046
June 0.0046 0.0045 0.0046
July 0.0046 0.0044 0.0045
August 0.0045 0.0044 0.0044
September 0.0044 0.0043 0.0043
October 0.0043 0.0041 0.0043
November 0.0044 0.0042 0.0043
December 0.0043 0.0041 0.0042