YEARLY HIGH
1.4992 PKR
YEARLY LOW
1.2677 PKR
YEARLY AVERAGE
1.3783 PKR

2021 NPR to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NPR to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 1.4992. Conversely, the yearly low was recorded on April 13, dropping to 1.2677.

This high-to-low spread represents a total annual volatility of 0.2315 PKR. From a start-to-finish perspective, comparing the January average rate of 1.3729 to the December average rate of 1.4731, the exchange rate registered a net change of 7.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.4992 was up 5.04% compared to the 2020 peak of 1.4272, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,496 PKR
2020 Average 6,828 PKR
Yearly Trough Low 6,339 PKR
Transaction Impact: A difference of 1,157.39 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.4916
1.2697
JanuMarcMayJulySeptNove

NPR 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 1.3353, compared to 1.4213 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0861 points.

H1 Avg (Jan–Jun) 1.3353
H2 Avg (Jul–Dec) 1.4213

Volatility Range Comparison

Volatility

The most volatile month in 2021 was August, with a trading range of 0.0620 PKR (High: 1.4295 / Low: 1.3675). On the other end, September was the most stable month, with a tight range of 0.0132 PKR (High: 1.4396 / Low: 1.4264).

August Spread (Volatile) ±0.0620
September Spread (Stable) ±0.0132

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 March and April, when the average rate fell by 0.0543 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0543

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 1.4731) against the same month in 2020 (average: 1.3606), the exchange rate shifted by +0.1125 (+8.27%).

2021 Avg (December) 1.4731
2020 Avg (December) 1.3606

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.3810 1.3665 1.3729
February 1.3760 1.3482 1.3707
March 1.3564 1.2999 1.3424
April 1.3105 1.2677 1.2882
May 1.3373 1.2920 1.3086
June 1.3392 1.3225 1.3289
July 1.3675 1.3180 1.3430
August 1.4295 1.3675 1.3890
September 1.4396 1.4264 1.4320
October 1.4595 1.4165 1.4354
November 1.4748 1.4230 1.4555
December 1.4992 1.4581 1.4731