2024 IDR to PKR Historical Review

YEARLY HIGH

0.0184 PKR

YEARLY LOW

0.0169 PKR

YEARLY AVERAGE

0.0176 PKR

2024 IDR to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the IDR to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 0.0184. Conversely, the yearly low was recorded on June 15, dropping to 0.0169.

This high-to-low spread represents a total annual volatility of 0.0015 PKR. From a start-to-finish perspective, comparing the January average rate of 0.0179 to the December average rate of 0.0173, the exchange rate registered a net change of -3.41% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0184 was down 8.78% compared to the 2023 peak of 0.0201, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 10,000,000 IDR based on timing:

Yearly Peak High 183,605 PKR

2023 Average 183,447 PKR

Yearly Trough Low 168,553 PKR

Transaction Impact: A difference of 15,052.50 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0183

0.0169

JanuMarcMayJulySeptNove

IDR 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 0.0175, compared to 0.0176 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0175

H2 Avg (Jul–Dec) 0.0176

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0010 PKR (High: 0.0181 / Low: 0.0171). On the other end, July was the most stable month, with a tight range of 0.0003 PKR (High: 0.0173 / Low: 0.0170).

August Spread (Volatile) ±0.0010

July Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0005 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.0182) against the same month in 2023 (average: 0.0194), the exchange rate shifted by -0.0012 (-6.27%).

2024 Avg (September) 0.0182

2023 Avg (September) 0.0194

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0182	0.0175	0.0179
February	0.0179	0.0176	0.0178
March	0.0180	0.0175	0.0177
April	0.0175	0.0170	0.0173
May	0.0175	0.0171	0.0173
June	0.0172	0.0169	0.0170
July	0.0173	0.0170	0.0171
August	0.0181	0.0171	0.0177
September	0.0184	0.0179	0.0182
October	0.0182	0.0176	0.0178
November	0.0178	0.0174	0.0175
December	0.0175	0.0170	0.0173