YEARLY HIGH
74.3492 PKR
YEARLY LOW
65.8014 PKR
YEARLY AVERAGE
70.3215 PKR

2020 TOP to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the TOP to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 8, valuing the pair at 74.3492. Conversely, the yearly low was recorded on March 23, dropping to 65.8014.

This high-to-low spread represents a total annual volatility of 8.5478 PKR. From a start-to-finish perspective, comparing the January average rate of 67.3720 to the December average rate of 70.1799, the exchange rate registered a net change of 4.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 74.3492 was up 3.37% compared to the 2019 peak of 71.9284, 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 371,746 PKR
2019 Average 327,754 PKR
Yearly Trough Low 329,007 PKR
Transaction Impact: A difference of 42,739.03 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

74.4107
65.9438
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 69.0540, compared to 71.5891 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.5351 points.

H1 Avg (Jan–Jun) 69.0540
H2 Avg (Jul–Dec) 71.5891

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 5.2014 PKR (High: 71.0028 / Low: 65.8014). On the other end, February was the most stable month, with a tight range of 0.3417 PKR (High: 66.8231 / Low: 66.4814).

March Spread (Volatile) ±5.2014
February Spread (Stable) ±0.3417

Growth Streaks & Declines

Trends

Between May and August, 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 September and October, when the average rate fell by 2.3002 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -2.3002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2020: 73.7051) against the same month in 2019 (average: 68.8915), the exchange rate shifted by +4.8135 (+6.99%).

2020 Avg (August) 73.7051
2019 Avg (August) 68.8915

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 68.1145 66.6732 67.3720
February 66.8231 66.4814 66.6493
March 71.0028 65.8014 67.4143
April 72.0102 68.5557 70.4738
May 71.0616 68.4125 69.4806
June 73.6739 71.2111 72.9339
July 74.0232 72.8008 73.3452
August 74.3492 73.0176 73.7051
September 73.3842 71.6092 72.6773
October 71.5036 68.9752 70.3771
November 70.1300 68.7287 69.2501
December 70.4569 69.7433 70.1799