2018 PKR to VEF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 PKR to VEF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the PKR to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on August 24, valuing the pair at 2035.3926. Conversely, the yearly low was recorded on January 21, dropping to 0.0900.
This high-to-low spread represents a total annual volatility of 2035.3026 VEF. From a start-to-finish perspective, comparing the January average rate of 0.0913 to the December average rate of 1787.4262, the exchange rate registered a net change of 1957478.20% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 2035.3926 was up 1947990.51% compared to the 2017 peak of 0.1045, indicating shifts in long-term support levels.
Comparing the value generated converting 500,000 PKR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
PKR to VEF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 367.3243, compared to 1629.3204 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1261.9961 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was August, with a trading range of 1173.1794 VEF (High: 2035.3926 / Low: 862.2132). On the other end, January was the most stable month, with a tight range of 0.0048 VEF (High: 0.0948 / Low: 0.0900).
Growth Streaks & Declines
TrendsBetween January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 100.3566 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2018: 1476.3268) against the same month in 2017 (average: 0.0965), the exchange rate shifted by +1476.2303 (+1529920.82%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 0.0948 | 0.0900 | 0.0913 |
| February | 261.7262 | 0.0902 | 147.6623 |
| March | 348.4659 | 261.4099 | 323.3203 |
| April | 578.4602 | 347.6215 | 432.7168 |
| May | 691.0900 | 594.4098 | 627.0514 |
| June | 691.2197 | 656.3442 | 673.1037 |
| July | 875.8597 | 625.9059 | 729.0544 |
| August | 2035.3926 | 862.2132 | 1476.3268 |
| September | 2020.2594 | 2005.8261 | 2014.2152 |
| October | 2022.7254 | 1859.4702 | 1913.8586 |
| November | 1868.2083 | 1845.7343 | 1855.0412 |
| December | 1851.7598 | 1776.7391 | 1787.4262 |