YEARLY HIGH
0.0739 PKR
YEARLY LOW
0.0617 PKR
YEARLY AVERAGE
0.0685 PKR

2024 COP to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the COP to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 8, valuing the pair at 0.0739. Conversely, the yearly low was recorded on November 15, dropping to 0.0617.

This high-to-low spread represents a total annual volatility of 0.0122 PKR. From a start-to-finish perspective, comparing the January average rate of 0.0714 to the December average rate of 0.0633, the exchange rate registered a net change of -11.33% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0739 was down 3.40% compared to the 2023 peak of 0.0765, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 369,426 PKR
2023 Average 325,760 PKR
Yearly Trough Low 308,622 PKR
Transaction Impact: A difference of 60,803.25 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0729
0.0622
JanuMarcMayJulySeptNove

COP 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 0.0711, compared to 0.0660 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0051 points.

H1 Avg (Jan–Jun) 0.0711
H2 Avg (Jul–Dec) 0.0660

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0058 PKR (High: 0.0724 / Low: 0.0666). On the other end, March was the most stable month, with a tight range of 0.0016 PKR (High: 0.0724 / Low: 0.0709).

June Spread (Volatile) ±0.0058
March Spread (Stable) ±0.0016

Growth Streaks & Declines

Trends

Between February and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0033 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0033

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0720) against the same month in 2023 (average: 0.0626), the exchange rate shifted by +0.0094 (+15.00%).

2024 Avg (April) 0.0720
2023 Avg (April) 0.0626

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0726 0.0700 0.0714
February 0.0719 0.0702 0.0710
March 0.0724 0.0709 0.0715
April 0.0739 0.0702 0.0720
May 0.0732 0.0713 0.0720
June 0.0724 0.0666 0.0687
July 0.0706 0.0673 0.0689
August 0.0697 0.0673 0.0686
September 0.0674 0.0649 0.0665
October 0.0669 0.0630 0.0653
November 0.0644 0.0617 0.0631
December 0.0645 0.0622 0.0633