YEARLY HIGH
0.0514 HKD
YEARLY LOW
0.0435 HKD
YEARLY AVERAGE
0.0478 HKD

2021 PKR to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the PKR to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 9, valuing the pair at 0.0514. Conversely, the yearly low was recorded on December 19, dropping to 0.0435.

This high-to-low spread represents a total annual volatility of 0.0078 HKD. From a start-to-finish perspective, comparing the January average rate of 0.0483 to the December average rate of 0.0439, the exchange rate registered a net change of -9.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0514 was up 1.64% compared to the 2020 peak of 0.0505, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 PKR based on timing:

Yearly Peak High 25,681 HKD
2020 Average 23,984 HKD
Yearly Trough Low 21,772 HKD
Transaction Impact: A difference of 3,908.74 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0514
0.0432
JanuMarcMayJulySeptNove

PKR to HKD 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 0.0496, compared to 0.0460 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0036 points.

H1 Avg (Jan–Jun) 0.0496
H2 Avg (Jul–Dec) 0.0460

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.0018 HKD (High: 0.0509 / Low: 0.0491). On the other end, January was the most stable month, with a tight range of 0.0003 HKD (High: 0.0484 / Low: 0.0481).

March Spread (Volatile) ±0.0018
January Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between January and April, 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 July and August, when the average rate fell by 0.0013 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 0.0507) against the same month in 2020 (average: 0.0484), the exchange rate shifted by +0.0023 (+4.78%).

2021 Avg (May) 0.0507
2020 Avg (May) 0.0484

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0484 0.0481 0.0483
February 0.0492 0.0483 0.0486
March 0.0509 0.0491 0.0497
April 0.0510 0.0503 0.0507
May 0.0514 0.0500 0.0507
June 0.0503 0.0491 0.0496
July 0.0494 0.0478 0.0486
August 0.0478 0.0466 0.0472
September 0.0465 0.0456 0.0462
October 0.0457 0.0444 0.0453
November 0.0459 0.0442 0.0449
December 0.0445 0.0435 0.0439