YEARLY HIGH
40.8259 PKR
YEARLY LOW
40.0220 PKR
YEARLY AVERAGE
40.2805 PKR

2024 BOB to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BOB to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 40.8259. Conversely, the yearly low was recorded on April 27, dropping to 40.0220.

This high-to-low spread represents a total annual volatility of 0.8039 PKR. From a start-to-finish perspective, comparing the January average rate of 40.5162 to the December average rate of 40.2453, the exchange rate registered a net change of -0.67% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 40.8259 was down 8.33% compared to the 2023 peak of 44.5346, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 204,130 PKR
2023 Average 202,305 PKR
Yearly Trough Low 200,110 PKR
Transaction Impact: A difference of 4,019.35 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

40.5520
40.1227
JanuMarcMayJulySeptNove

BOB 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 40.3238, compared to 40.2372 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0865 points.

H1 Avg (Jan–Jun) 40.3238
H2 Avg (Jul–Dec) 40.2372

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.7067 PKR (High: 40.8259 / Low: 40.1192). On the other end, June was the most stable month, with a tight range of 0.1640 PKR (High: 40.3541 / Low: 40.1901).

January Spread (Volatile) ±0.7067
June Spread (Stable) ±0.1640

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 0.1543 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1543

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 40.5162) against the same month in 2023 (average: 33.8259), the exchange rate shifted by +6.6902 (+19.78%).

2024 Avg (January) 40.5162
2023 Avg (January) 33.8259

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 40.8259 40.1192 40.5162
February 40.5347 40.0513 40.3619
March 40.4649 40.0728 40.3259
April 40.3441 40.0220 40.1778
May 40.3539 40.1053 40.2687
June 40.3541 40.1901 40.2922
July 40.3585 40.1787 40.2850
August 40.3976 40.1821 40.3181
September 40.3579 40.0602 40.2504
October 40.2905 40.0253 40.1585
November 40.3849 40.0430 40.1662
December 40.3030 40.1042 40.2453