2024 BIF to PKR Historical Review

YEARLY HIGH

0.0989 PKR

YEARLY LOW

0.0940 PKR

YEARLY AVERAGE

0.0965 PKR

2024 BIF to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BIF to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.0989. Conversely, the yearly low was recorded on November 16, dropping to 0.0940.

This high-to-low spread represents a total annual volatility of 0.0048 PKR. From a start-to-finish perspective, comparing the January average rate of 0.0981 to the December average rate of 0.0943, the exchange rate registered a net change of -3.83% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0989 was down 30.37% compared to the 2023 peak of 0.1420, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 494 PKR

2023 Average 558 PKR

Yearly Trough Low 470 PKR

Transaction Impact: A difference of 24.23 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0985

0.0940

JanuMarcMayJulySeptNove

BIF 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 0.0973, compared to 0.0958 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.0973

H2 Avg (Jul–Dec) 0.0958

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0020 PKR (High: 0.0961 / Low: 0.0940). On the other end, July was the most stable month, with a tight range of 0.0003 PKR (High: 0.0968 / Low: 0.0965).

November Spread (Volatile) ±0.0020

July Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0008 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0981) against the same month in 2023 (average: 0.1130), the exchange rate shifted by -0.0149 (-13.17%).

2024 Avg (January) 0.0981

2023 Avg (January) 0.1130

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0989	0.0971	0.0981
February	0.0979	0.0965	0.0976
March	0.0977	0.0971	0.0974
April	0.0972	0.0968	0.0970
May	0.0974	0.0963	0.0970
June	0.0970	0.0960	0.0968
July	0.0968	0.0965	0.0967
August	0.0970	0.0963	0.0966
September	0.0967	0.0958	0.0962
October	0.0960	0.0941	0.0957
November	0.0961	0.0940	0.0951
December	0.0961	0.0940	0.0943