2024 CNY to PKR Historical Review

YEARLY HIGH

39.7135 PKR

YEARLY LOW

37.9958 PKR

YEARLY AVERAGE

38.7960 PKR

2024 CNY to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CNY to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 39.7135. Conversely, the yearly low was recorded on December 22, dropping to 37.9958.

This high-to-low spread represents a total annual volatility of 1.7177 PKR. From a start-to-finish perspective, comparing the January average rate of 39.3671 to the December average rate of 38.1919, the exchange rate registered a net change of -2.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 39.7135 was down 6.66% compared to the 2023 peak of 42.5475, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 CNY based on timing:

Yearly Peak High 992,838 PKR

2023 Average 987,421 PKR

Yearly Trough Low 949,896 PKR

Transaction Impact: A difference of 42,941.40 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

39.4846

38.0744

JanuMarcMayJulySeptNove

CNY 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 38.8246, compared to 38.7674 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0572 points.

H1 Avg (Jan–Jun) 38.8246

H2 Avg (Jul–Dec) 38.7674

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 1.0847 PKR (High: 39.3465 / Low: 38.2617). On the other end, December was the most stable month, with a tight range of 0.3796 PKR (High: 38.3754 / Low: 37.9958).

June Spread (Volatile) ±1.0847

December Spread (Stable) ±0.3796

Growth Streaks & Declines

Trends

Between 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 October and November, when the average rate fell by 0.6242 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.6242

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 39.3671) against the same month in 2023 (average: 34.4213), the exchange rate shifted by +4.9457 (+14.37%).

2024 Avg (January) 39.3671

2023 Avg (January) 34.4213

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	39.7135	38.8793	39.3671
February	39.3747	38.4546	38.9803
March	39.1836	38.4381	38.7161
April	39.1714	38.3195	38.4682
May	39.3343	38.3610	38.8270
June	39.3465	38.2617	38.5887
July	39.0254	38.1993	38.3524
August	39.3227	38.4614	38.9593
September	39.6198	39.1119	39.3351
October	39.6698	38.9499	39.1948
November	39.1489	38.2736	38.5706
December	38.3754	37.9958	38.1919