2021 SZL to PKR Historical Review

YEARLY HIGH

11.9704 PKR

YEARLY LOW

10.1228 PKR

YEARLY AVERAGE

11.0289 PKR

2021 SZL to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SZL to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 21, valuing the pair at 11.9704. Conversely, the yearly low was recorded on March 8, dropping to 10.1228.

This high-to-low spread represents a total annual volatility of 1.8476 PKR. From a start-to-finish perspective, comparing the January average rate of 10.6405 to the December average rate of 11.1846, the exchange rate registered a net change of 5.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 11.9704 was up 8.27% compared to the 2020 peak of 11.0564, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 SZL based on timing:

Yearly Peak High 59,852 PKR

2020 Average 49,403 PKR

Yearly Trough Low 50,614 PKR

Transaction Impact: A difference of 9,238.22 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

11.7065

10.3027

JanuMarcMayJulySeptNove

SZL to PKR 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 10.7740, compared to 11.2837 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5097 points.

H1 Avg (Jan–Jun) 10.7740

H2 Avg (Jul–Dec) 11.2837

Volatility Range Comparison

Volatility

The most volatile month in 2021 was August, with a trading range of 0.7368 PKR (High: 11.4818 / Low: 10.7450). On the other end, July was the most stable month, with a tight range of 0.3048 PKR (High: 11.1777 / Low: 10.8729).

August Spread (Volatile) ±0.7368

July Spread (Stable) ±0.3048

Growth Streaks & Declines

Trends

Between March and June, 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 October and November, when the average rate fell by 0.3779 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.3779

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2021: 11.5659) against the same month in 2020 (average: 9.8898), the exchange rate shifted by +1.6761 (+16.95%).

2021 Avg (October) 11.5659

2020 Avg (October) 9.8898

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.9788	10.3699	10.6405
February	11.0359	10.5249	10.7910
March	10.6050	10.1228	10.4197
April	10.8059	10.3676	10.6063
May	11.2586	10.6010	10.8976
June	11.5390	11.0343	11.2892
July	11.1777	10.8729	11.0460
August	11.4818	10.7450	11.1280
September	11.9343	11.2615	11.5895
October	11.9704	11.2853	11.5659
November	11.5044	10.9136	11.1880
December	11.4259	10.8970	11.1846