YEARLY HIGH
125.5090 PKR
YEARLY LOW
106.5834 PKR
YEARLY AVERAGE
115.1681 PKR

2021 NZD to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NZD to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 26, valuing the pair at 125.5090. Conversely, the yearly low was recorded on March 31, dropping to 106.5834.

This high-to-low spread represents a total annual volatility of 18.9256 PKR. From a start-to-finish perspective, comparing the January average rate of 115.3917 to the December average rate of 120.4744, the exchange rate registered a net change of 4.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 125.5090 was up 8.41% compared to the 2020 peak of 115.7777, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 627,545 PKR
2020 Average 526,447 PKR
Yearly Trough Low 532,917 PKR
Transaction Impact: A difference of 94,627.84 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

122.7051
107.8404
JanuMarcMayJulySeptNove

NZD 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 112.1804, compared to 118.1558 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.9754 points.

H1 Avg (Jan–Jun) 112.1804
H2 Avg (Jul–Dec) 118.1558

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 8.4922 PKR (High: 115.0756 / Low: 106.5834). On the other end, January was the most stable month, with a tight range of 3.1712 PKR (High: 117.1820 / Low: 114.0108).

March Spread (Volatile) ±8.4922
January Spread (Stable) ±3.1712

Growth Streaks & Declines

Trends

Between April and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 4.1222 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -4.1222

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2021: 121.3392) against the same month in 2020 (average: 108.1029), the exchange rate shifted by +13.2363 (+12.24%).

2021 Avg (October) 121.3392
2020 Avg (October) 108.1029

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 117.1820 114.0108 115.3917
February 118.2834 114.5848 115.4841
March 115.0756 106.5834 111.3619
April 111.7241 107.2700 109.0791
May 113.0784 108.9441 110.7495
June 112.1066 108.7833 111.0159
July 113.7571 110.0580 111.8124
August 117.5664 112.0023 114.9302
September 120.9548 117.1446 118.9121
October 125.5090 118.1776 121.3392
November 123.7705 119.2424 121.4664
December 122.0445 118.4782 120.4744