YEARLY HIGH
0.1053 PKR
YEARLY LOW
0.0965 PKR
YEARLY AVERAGE
0.0989 PKR

2024 CDF to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CDF to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 19, valuing the pair at 0.1053. Conversely, the yearly low was recorded on October 29, dropping to 0.0965.

This high-to-low spread represents a total annual volatility of 0.0088 PKR. From a start-to-finish perspective, comparing the January average rate of 0.1029 to the December average rate of 0.0974, the exchange rate registered a net change of -5.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1053 was down 27.16% compared to the 2023 peak of 0.1446, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 527 PKR
2023 Average 602 PKR
Yearly Trough Low 483 PKR
Transaction Impact: A difference of 43.91 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1034
0.0966
JanuMarcMayJulySeptNove

CDF 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 0.1003, compared to 0.0975 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0028 points.

H1 Avg (Jan–Jun) 0.1003
H2 Avg (Jul–Dec) 0.0975

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0043 PKR (High: 0.1053 / Low: 0.1010). On the other end, November was the most stable month, with a tight range of 0.0010 PKR (High: 0.0977 / Low: 0.0967).

January Spread (Volatile) ±0.0043
November Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0016 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.1029) against the same month in 2023 (average: 0.1141), the exchange rate shifted by -0.0112 (-9.84%).

2024 Avg (January) 0.1029
2023 Avg (January) 0.1141

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1053 0.1010 0.1029
February 0.1020 0.1003 0.1012
March 0.1009 0.0994 0.1004
April 0.1001 0.0986 0.0996
May 0.1000 0.0985 0.0995
June 0.0995 0.0977 0.0983
July 0.0985 0.0969 0.0979
August 0.0988 0.0970 0.0977
September 0.0983 0.0969 0.0977
October 0.0979 0.0965 0.0973
November 0.0977 0.0967 0.0972
December 0.0979 0.0967 0.0974