YEARLY HIGH
0.0457 PKR
YEARLY LOW
0.0401 PKR
YEARLY AVERAGE
0.0423 PKR

2021 MGA to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MGA to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 0.0457. Conversely, the yearly low was recorded on April 12, dropping to 0.0401.

This high-to-low spread represents a total annual volatility of 0.0056 PKR. From a start-to-finish perspective, comparing the January average rate of 0.0422 to the December average rate of 0.0448, the exchange rate registered a net change of 6.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0457 was up 2.60% compared to the 2020 peak of 0.0445, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 228 PKR
2020 Average 212 PKR
Yearly Trough Low 200 PKR
Transaction Impact: A difference of 27.87 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0452
0.0400
JanuMarcMayJulySeptNove

MGA 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 0.0414, compared to 0.0431 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 0.0414
H2 Avg (Jul–Dec) 0.0431

Volatility Range Comparison

Volatility

The most volatile month in 2021 was July, with a trading range of 0.0025 PKR (High: 0.0427 / Low: 0.0402). On the other end, April was the most stable month, with a tight range of 0.0009 PKR (High: 0.0410 / Low: 0.0401).

July Spread (Volatile) ±0.0025
April Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between April and December, 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 February and March, when the average rate fell by 0.0010 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.0448) against the same month in 2020 (average: 0.0420), the exchange rate shifted by +0.0028 (+6.58%).

2021 Avg (December) 0.0448
2020 Avg (December) 0.0420

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0427 0.0410 0.0422
February 0.0431 0.0420 0.0424
March 0.0421 0.0402 0.0414
April 0.0410 0.0401 0.0404
May 0.0414 0.0403 0.0408
June 0.0419 0.0404 0.0414
July 0.0427 0.0402 0.0417
August 0.0434 0.0420 0.0423
September 0.0435 0.0426 0.0429
October 0.0441 0.0429 0.0435
November 0.0443 0.0427 0.0436
December 0.0457 0.0440 0.0448