YEARLY HIGH
373.0979 PKR
YEARLY LOW
343.4792 PKR
YEARLY AVERAGE
355.8465 PKR

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.

Transfer Payout Power Comparison

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

Yearly Peak High 1,865,489 PKR
2023 Average 1,739,220 PKR
Yearly Trough Low 1,717,396 PKR
Transaction Impact: A difference of 148,093.27 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

369.8809
345.8474
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 352.5817
H2 Avg (Jul–Dec) 359.1113

Volatility Range Comparison

Volatility

The 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).

August Spread (Volatile) ±15.5379
June Spread (Stable) ±5.4610

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 October and November, when the average rate fell by 8.1673 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -8.1673

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2024 Avg (September) 367.8781
2023 Avg (September) 368.8874

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