2024 CAD to PKR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 CAD to PKR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the CAD to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 211.6424. Conversely, the yearly low was recorded on December 18, dropping to 192.3676.
This high-to-low spread represents a total annual volatility of 19.2748 PKR. From a start-to-finish perspective, comparing the January average rate of 208.6209 to the December average rate of 195.0086, the exchange rate registered a net change of -6.52% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 211.6424 was down 6.31% compared to the 2023 peak of 225.8870, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 CAD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
CAD to PKR Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 205.1912, compared to 201.2929 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.8983 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was August, with a trading range of 7.7722 PKR (High: 207.0110 / Low: 199.2388). On the other end, May was the most stable month, with a tight range of 2.0895 PKR (High: 204.6190 / Low: 202.5295).
Growth Streaks & Declines
TrendsBetween July and September, 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 November and December, when the average rate fell by 3.7532 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2024: 208.6209) against the same month in 2023 (average: 174.2037), the exchange rate shifted by +34.4173 (+19.76%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 211.6424 | 205.9179 | 208.6209 |
| February | 208.8952 | 204.7060 | 206.7542 |
| March | 207.1590 | 203.9221 | 205.7706 |
| April | 205.4210 | 201.2867 | 203.2591 |
| May | 204.6190 | 202.5295 | 203.5776 |
| June | 204.4549 | 202.0307 | 203.1650 |
| July | 204.5995 | 200.9537 | 202.9237 |
| August | 207.0110 | 199.2388 | 203.7259 |
| September | 207.0467 | 204.4019 | 205.3893 |
| October | 205.6574 | 199.3352 | 201.9480 |
| November | 200.8869 | 196.9573 | 198.7618 |
| December | 198.2772 | 192.3676 | 195.0086 |