YEARLY HIGH
78.4433 PKR
YEARLY LOW
66.6097 PKR
YEARLY AVERAGE
71.9092 PKR

2021 TOP to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TOP to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 78.4433. Conversely, the yearly low was recorded on March 31, dropping to 66.6097.

This high-to-low spread represents a total annual volatility of 11.8336 PKR. From a start-to-finish perspective, comparing the January average rate of 70.4046 to the December average rate of 77.7105, the exchange rate registered a net change of 10.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 78.4433 was up 5.51% compared to the 2020 peak of 74.3492, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 392,216 PKR
2020 Average 351,653 PKR
Yearly Trough Low 333,048 PKR
Transaction Impact: A difference of 59,168.03 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

78.7526
66.2472
JanuMarcMayJulySeptNove

TOP 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 68.9435, compared to 74.8749 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.9314 points.

H1 Avg (Jan–Jun) 68.9435
H2 Avg (Jul–Dec) 74.8749

Volatility Range Comparison

Volatility

The most volatile month in 2021 was October, with a trading range of 3.0645 PKR (High: 78.2511 / Low: 75.1866). On the other end, February was the most stable month, with a tight range of 0.6611 PKR (High: 69.7155 / Low: 69.0544).

October Spread (Volatile) ±3.0645
February Spread (Stable) ±0.6611

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 1.1818 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -1.1818

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 77.7105) against the same month in 2020 (average: 70.1799), the exchange rate shifted by +7.5306 (+10.73%).

2021 Avg (December) 77.7105
2020 Avg (December) 70.1799

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 70.9657 69.7467 70.4046
February 69.7155 69.0544 69.4399
March 69.2804 66.6097 68.4711
April 68.3059 66.6227 67.2893
May 69.3977 66.9406 68.0734
June 70.5050 69.2369 69.9828
July 71.8700 69.6180 70.8667
August 73.7855 71.8927 72.7755
September 75.3644 74.1282 74.7987
October 78.2511 75.1866 76.3177
November 77.8111 75.5458 76.7801
December 78.4433 76.7317 77.7105