YEARLY HIGH
5.0729 PKR
YEARLY LOW
4.6809 PKR
YEARLY AVERAGE
4.8619 PKR

2024 PHP to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PHP to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 5.0729. Conversely, the yearly low was recorded on December 18, dropping to 4.6809.

This high-to-low spread represents a total annual volatility of 0.3920 PKR. From a start-to-finish perspective, comparing the January average rate of 5.0022 to the December average rate of 4.7600, the exchange rate registered a net change of -4.84% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 5.0729 was down 6.47% compared to the 2023 peak of 5.4239, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 PHP based on timing:

Yearly Peak High 1,268,217 PKR
2023 Average 1,256,097 PKR
Yearly Trough Low 1,170,214 PKR
Transaction Impact: A difference of 98,002.56 PKR purely based on transaction execution date.

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5.0289
4.7083
JanuMarcMayJulySeptNove

PHP 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 4.9001, compared to 4.8237 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0764 points.

H1 Avg (Jan–Jun) 4.9001
H2 Avg (Jul–Dec) 4.8237

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.1894 PKR (High: 4.9631 / Low: 4.7737). On the other end, June was the most stable month, with a tight range of 0.0448 PKR (High: 4.7685 / Low: 4.7237).

August Spread (Volatile) Âą0.1894
June Spread (Stable) Âą0.0448

Growth Streaks & Declines

Trends

Between June and September, 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 0.1309 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1309

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 5.0022) against the same month in 2023 (average: 4.2560), the exchange rate shifted by +0.7462 (+17.53%).

2024 Avg (January) 5.0022
2023 Avg (January) 4.2560

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Month High Low Average
January 5.0729 4.9197 5.0022
February 5.0110 4.9206 4.9803
March 5.0445 4.9275 4.9839
April 4.9396 4.8135 4.8751
May 4.8805 4.7566 4.8160
June 4.7685 4.7237 4.7434
July 4.7853 4.7340 4.7594
August 4.9631 4.7737 4.8869
September 5.0098 4.9211 4.9659
October 4.9431 4.7552 4.8350
November 4.7725 4.7030 4.7350
December 4.8136 4.6809 4.7600