2018 TOP to PKR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 TOP to PKR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the TOP to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 61.9522. Conversely, the yearly low was recorded on January 2, dropping to 48.7562.
This high-to-low spread represents a total annual volatility of 13.1960 PKR. From a start-to-finish perspective, comparing the January average rate of 49.2501 to the December average rate of 61.0546, the exchange rate registered a net change of 23.97% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 61.9522 was up 26.86% compared to the 2017 peak of 48.8340, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 TOP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
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)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 50.8080, compared to 56.0674 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.2594 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was October, with a trading range of 4.7158 PKR (High: 57.9965 / Low: 53.2807). On the other end, September was the most stable month, with a tight range of 0.3830 PKR (High: 53.6131 / Low: 53.2300).
Growth Streaks & Declines
TrendsBetween August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.9161 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2018: 61.0546) against the same month in 2017 (average: 47.5132), the exchange rate shifted by +13.5415 (+28.50%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 50.0303 | 48.7562 | 49.2501 |
| February | 50.2824 | 49.5289 | 49.9822 |
| March | 52.2445 | 49.5690 | 50.5530 |
| April | 52.3356 | 51.3480 | 52.0028 |
| May | 52.2103 | 50.3753 | 51.0867 |
| June | 53.0954 | 50.5896 | 51.9736 |
| July | 55.9255 | 52.1123 | 53.8215 |
| August | 53.7213 | 52.8343 | 53.3539 |
| September | 53.6131 | 53.2300 | 53.3900 |
| October | 57.9965 | 53.2807 | 56.3921 |
| November | 58.7224 | 57.8809 | 58.3925 |
| December | 61.9522 | 58.5887 | 61.0546 |