2024 BND to PKR Historical Review

YEARLY HIGH

216.8157 PKR

YEARLY LOW

203.8379 PKR

YEARLY AVERAGE

208.4169 PKR

2024 BND to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BND to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 216.8157. Conversely, the yearly low was recorded on April 20, dropping to 203.8379.

This high-to-low spread represents a total annual volatility of 12.9778 PKR. From a start-to-finish perspective, comparing the January average rate of 209.6777 to the December average rate of 205.9990, the exchange rate registered a net change of -1.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 216.8157 was down 4.41% compared to the 2023 peak of 226.8068, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,084,078 PKR

2023 Average 1,040,748 PKR

Yearly Trough Low 1,019,189 PKR

Transaction Impact: A difference of 64,888.94 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

215.6027

204.0815

JanuMarcMayJulySeptNove

BND 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 206.9902, compared to 209.8436 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.8535 points.

H1 Avg (Jan–Jun) 206.9902

H2 Avg (Jul–Dec) 209.8436

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 6.1934 PKR (High: 215.7151 / Low: 209.5217). On the other end, June was the most stable month, with a tight range of 1.8238 PKR (High: 207.0036 / Low: 205.1798).

October Spread (Volatile) ±6.1934

June Spread (Stable) ±1.8238

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 4.0824 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -4.0824

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 214.6426) against the same month in 2023 (average: 218.5465), the exchange rate shifted by -3.9038 (-1.79%).

2024 Avg (September) 214.6426

2023 Avg (September) 218.5465

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	212.7127	206.6716	209.6777
February	209.3844	205.4298	207.4946
March	209.8734	205.7118	207.8543
April	206.5288	203.8379	205.0416
May	207.2302	204.0633	205.9146
June	207.0036	205.1798	205.9583
July	207.8213	204.8738	206.7291
August	213.9384	208.3894	211.6156
September	216.8157	212.8026	214.6426
October	215.7151	209.5217	212.0789
November	211.0915	205.8633	207.9965
December	207.6431	204.3126	205.9990