2024 CRC to PKR Historical Review

YEARLY HIGH

0.5578 PKR

YEARLY LOW

0.5207 PKR

YEARLY AVERAGE

0.5402 PKR

2024 CRC to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CRC to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 4, valuing the pair at 0.5578. Conversely, the yearly low was recorded on July 9, dropping to 0.5207.

This high-to-low spread represents a total annual volatility of 0.0371 PKR. From a start-to-finish perspective, comparing the January average rate of 0.5415 to the December average rate of 0.5498, the exchange rate registered a net change of 1.53% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5578 was down 2.81% compared to the 2023 peak of 0.5740, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,789 PKR

2023 Average 2,585 PKR

Yearly Trough Low 2,604 PKR

Transaction Impact: A difference of 185.62 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5540

0.5262

JanuMarcMayJulySeptNove

CRC 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 0.5425, compared to 0.5379 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0046 points.

H1 Avg (Jan–Jun) 0.5425

H2 Avg (Jul–Dec) 0.5379

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0139 PKR (High: 0.5470 / Low: 0.5332). On the other end, November was the most stable month, with a tight range of 0.0068 PKR (High: 0.5480 / Low: 0.5412).

January Spread (Volatile) ±0.0139

November Spread (Stable) ±0.0068

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0129 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0129

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.5517) against the same month in 2023 (average: 0.5296), the exchange rate shifted by +0.0221 (+4.17%).

2024 Avg (April) 0.5517

2023 Avg (April) 0.5296

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5470	0.5332	0.5415
February	0.5462	0.5356	0.5410
March	0.5536	0.5434	0.5479
April	0.5578	0.5460	0.5517
May	0.5464	0.5345	0.5428
June	0.5352	0.5234	0.5299
July	0.5331	0.5207	0.5285
August	0.5377	0.5260	0.5307
September	0.5389	0.5289	0.5357
October	0.5424	0.5340	0.5382
November	0.5480	0.5412	0.5444
December	0.5543	0.5467	0.5498