YEARLY HIGH
0.0328 PKR
YEARLY LOW
0.0320 PKR
YEARLY AVERAGE
0.0323 PKR

2024 GNF to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GNF to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.0328. Conversely, the yearly low was recorded on October 1, dropping to 0.0320.

This high-to-low spread represents a total annual volatility of 0.0008 PKR. From a start-to-finish perspective, comparing the January average rate of 0.0326 to the December average rate of 0.0322, the exchange rate registered a net change of -1.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0328 was down 8.53% compared to the 2023 peak of 0.0358, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 164 PKR
2023 Average 162 PKR
Yearly Trough Low 160 PKR
Transaction Impact: A difference of 4.01 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0326
0.0321
JanuMarcMayJulySeptNove

GNF 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 0.0324, compared to 0.0322 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0324
H2 Avg (Jul–Dec) 0.0322

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0005 PKR (High: 0.0328 / Low: 0.0323). On the other end, December was the most stable month, with a tight range of 0.0001 PKR (High: 0.0323 / Low: 0.0322).

January Spread (Volatile) ±0.0005
December Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0001 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0326) against the same month in 2023 (average: 0.0270), the exchange rate shifted by +0.0056 (+20.74%).

2024 Avg (January) 0.0326
2023 Avg (January) 0.0270

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0328 0.0323 0.0326
February 0.0325 0.0322 0.0324
March 0.0325 0.0323 0.0324
April 0.0325 0.0323 0.0324
May 0.0325 0.0322 0.0324
June 0.0324 0.0323 0.0324
July 0.0324 0.0322 0.0323
August 0.0324 0.0323 0.0323
September 0.0323 0.0322 0.0322
October 0.0323 0.0320 0.0322
November 0.0323 0.0321 0.0322
December 0.0323 0.0322 0.0322