2024 FJD to PKR Historical Review

YEARLY HIGH

127.2332 PKR

YEARLY LOW

119.6491 PKR

YEARLY AVERAGE

123.7889 PKR

2024 FJD to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the FJD to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 127.2332. Conversely, the yearly low was recorded on December 22, dropping to 119.6491.

This high-to-low spread represents a total annual volatility of 7.5841 PKR. From a start-to-finish perspective, comparing the January average rate of 125.3379 to the December average rate of 120.5374, the exchange rate registered a net change of -3.83% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 127.2332 was down 6.21% compared to the 2023 peak of 135.6521, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 636,166 PKR

2023 Average 626,543 PKR

Yearly Trough Low 598,245 PKR

Transaction Impact: A difference of 37,920.40 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

126.5830

119.9878

JanuMarcMayJulySeptNove

FJD 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 123.8374, compared to 123.7404 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0969 points.

H1 Avg (Jan–Jun) 123.8374

H2 Avg (Jul–Dec) 123.7404

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 4.8404 PKR (High: 126.6309 / Low: 121.7906). On the other end, June was the most stable month, with a tight range of 2.1569 PKR (High: 124.9997 / Low: 122.8428).

October Spread (Volatile) ±4.8404

June Spread (Stable) ±2.1569

Growth Streaks & Declines

Trends

Between April and September, 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 November and December, when the average rate fell by 2.0877 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -2.0877

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 126.0334) against the same month in 2023 (average: 131.1012), the exchange rate shifted by -5.0678 (-3.87%).

2024 Avg (September) 126.0334

2023 Avg (September) 131.1012

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	127.2154	123.3918	125.3379
February	125.1454	122.4759	124.0473
March	125.3086	122.0872	123.7517
April	124.1827	121.4303	122.6906
May	124.9888	121.5690	123.3324
June	124.9997	122.8428	123.8642
July	125.1614	122.8084	124.0300
August	126.7417	122.4502	124.8120
September	127.2332	124.2988	126.0334
October	126.6309	121.7906	124.4046
November	124.4110	121.0259	122.6251
December	122.6308	119.6491	120.5374