2024 GBP to PKR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 GBP to PKR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the GBP to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 373.0979. Conversely, the yearly low was recorded on April 20, dropping to 343.4792.
This high-to-low spread represents a total annual volatility of 29.6187 PKR. From a start-to-finish perspective, comparing the January average rate of 355.7273 to the December average rate of 351.3557, the exchange rate registered a net change of -1.23% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 373.0979 was down 3.67% compared to the 2023 peak of 387.3055, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GBP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
GBP to PKR Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 352.5817, compared to 359.1113 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6.5296 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was August, with a trading range of 15.5379 PKR (High: 369.0051 / Low: 353.4673). On the other end, June was the most stable month, with a tight range of 5.4610 PKR (High: 356.9553 / Low: 351.4943).
Growth Streaks & Declines
TrendsBetween 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 October and November, when the average rate fell by 8.1673 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2024: 367.8781) against the same month in 2023 (average: 368.8874), the exchange rate shifted by -1.0093 (-0.27%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 359.2771 | 352.5858 | 355.7273 |
| February | 356.3858 | 347.5790 | 352.4211 |
| March | 358.9310 | 350.1237 | 354.0750 |
| April | 352.3563 | 343.4792 | 347.8502 |
| May | 355.7308 | 347.5519 | 351.5985 |
| June | 356.9553 | 351.4943 | 353.8178 |
| July | 362.2512 | 352.0699 | 358.1779 |
| August | 369.0051 | 353.4673 | 360.4436 |
| September | 373.0979 | 363.2111 | 367.8781 |
| October | 368.3885 | 358.2618 | 362.4898 |
| November | 362.4910 | 348.0832 | 354.3224 |
| December | 355.5527 | 347.8014 | 351.3557 |