2024 BMD to PKR Historical Review

YEARLY HIGH

281.9500 PKR

YEARLY LOW

276.4935 PKR

YEARLY AVERAGE

278.4306 PKR

2024 BMD to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BMD to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 281.9500. Conversely, the yearly low was recorded on February 10, dropping to 276.4935.

This high-to-low spread represents a total annual volatility of 5.4565 PKR. From a start-to-finish perspective, comparing the January average rate of 279.9208 to the December average rate of 278.0938, the exchange rate registered a net change of -0.65% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 281.9500 was down 8.49% compared to the 2023 peak of 308.0985, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,409,750 PKR

2023 Average 1,397,447 PKR

Yearly Trough Low 1,382,467 PKR

Transaction Impact: A difference of 27,282.52 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

280.1263

277.6611

JanuMarcMayJulySeptNove

BMD 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 278.7181, compared to 278.1431 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5750 points.

H1 Avg (Jan–Jun) 278.7181

H2 Avg (Jul–Dec) 278.1431

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 5.0981 PKR (High: 281.9500 / Low: 276.8519). On the other end, October was the most stable month, with a tight range of 1.1158 PKR (High: 278.6402 / Low: 277.5244).

January Spread (Volatile) ±5.0981

October Spread (Stable) ±1.1158

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.9152 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.9152

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 279.9208) against the same month in 2023 (average: 233.7402), the exchange rate shifted by +46.1807 (+19.76%).

2024 Avg (January) 279.9208

2023 Avg (January) 233.7402

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	281.9500	276.8519	279.9208
February	279.7250	276.4935	279.0057
March	279.5000	277.5833	278.6284
April	279.0862	277.3026	278.0611
May	278.8164	277.0894	278.2407
June	279.6353	277.8843	278.4520
July	278.8500	277.5970	278.3071
August	279.0535	276.5931	278.4039
September	278.8763	277.4149	278.2655
October	278.6402	277.5244	277.8665
November	279.0054	277.3206	277.9219
December	278.9644	277.2329	278.0938