YEARLY HIGH
0.2136 PHP
YEARLY LOW
0.1971 PHP
YEARLY AVERAGE
0.2058 PHP

2024 PKR to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PKR to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.2136. Conversely, the yearly low was recorded on January 2, dropping to 0.1971.

This high-to-low spread represents a total annual volatility of 0.0165 PHP. From a start-to-finish perspective, comparing the January average rate of 0.1999 to the December average rate of 0.2101, the exchange rate registered a net change of 5.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2136 was down 13.36% compared to the 2023 peak of 0.2466, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 PKR based on timing:

Yearly Peak High 106,818 PHP
2023 Average 99,861 PHP
Yearly Trough Low 98,564 PHP
Transaction Impact: A difference of 8,254.46 PHP purely based on transaction execution date.

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0.2123
0.1988
JanuMarcMayJulySeptNove

PKR to PHP 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 0.2042, compared to 0.2074 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0032 points.

H1 Avg (Jan–Jun) 0.2042
H2 Avg (Jul–Dec) 0.2074

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0080 PHP (High: 0.2103 / Low: 0.2023). On the other end, June was the most stable month, with a tight range of 0.0020 PHP (High: 0.2117 / Low: 0.2097).

October Spread (Volatile) Âą0.0080
June Spread (Stable) Âą0.0020

Growth Streaks & Declines

Trends

Between March and June, 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 July and August, when the average rate fell by 0.0055 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0055

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.2101) against the same month in 2023 (average: 0.1969), the exchange rate shifted by +0.0132 (+6.72%).

2024 Avg (December) 0.2101
2023 Avg (December) 0.1969

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Month High Low Average
January 0.2033 0.1971 0.1999
February 0.2032 0.1996 0.2008
March 0.2029 0.1982 0.2007
April 0.2077 0.2024 0.2051
May 0.2102 0.2049 0.2077
June 0.2117 0.2097 0.2108
July 0.2112 0.2090 0.2101
August 0.2095 0.2015 0.2047
September 0.2032 0.1996 0.2014
October 0.2103 0.2023 0.2069
November 0.2126 0.2095 0.2112
December 0.2136 0.2077 0.2101