2021 PKR to SZL Historical Review

YEARLY HIGH

0.0988 SZL

YEARLY LOW

0.0835 SZL

YEARLY AVERAGE

0.0908 SZL

2021 PKR to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the PKR to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 0.0988. Conversely, the yearly low was recorded on October 21, dropping to 0.0835.

This high-to-low spread represents a total annual volatility of 0.0152 SZL. From a start-to-finish perspective, comparing the January average rate of 0.0940 to the December average rate of 0.0894, the exchange rate registered a net change of -4.88% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0988 was down 17.17% compared to the 2020 peak of 0.1193, 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 49,394 SZL

2020 Average 50,814 SZL

Yearly Trough Low 41,770 SZL

Transaction Impact: A difference of 7,623.96 SZL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0970

0.0853

JanuMarcMayJulySeptNove

PKR to SZL 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 0.0929, compared to 0.0887 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0042 points.

H1 Avg (Jan–Jun) 0.0929

H2 Avg (Jul–Dec) 0.0887

Volatility Range Comparison

Volatility

The most volatile month in 2021 was August, with a trading range of 0.0060 SZL (High: 0.0931 / Low: 0.0871). On the other end, July was the most stable month, with a tight range of 0.0025 SZL (High: 0.0920 / Low: 0.0895).

August Spread (Volatile) ±0.0060

July Spread (Stable) ±0.0025

Growth Streaks & Declines

Trends

Between September and December, 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 August and September, when the average rate fell by 0.0036 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0036

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 0.0960) against the same month in 2020 (average: 0.1050), the exchange rate shifted by -0.0090 (-8.61%).

2021 Avg (March) 0.0960

2020 Avg (March) 0.1050

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0964	0.0911	0.0940
February	0.0950	0.0906	0.0927
March	0.0988	0.0943	0.0960
April	0.0965	0.0925	0.0943
May	0.0943	0.0888	0.0918
June	0.0906	0.0867	0.0886
July	0.0920	0.0895	0.0905
August	0.0931	0.0871	0.0899
September	0.0888	0.0838	0.0863
October	0.0886	0.0835	0.0865
November	0.0916	0.0869	0.0894
December	0.0918	0.0875	0.0894