2024 KES to PKR Historical Review

YEARLY HIGH

2.1855 PKR

YEARLY LOW

1.7030 PKR

YEARLY AVERAGE

2.0768 PKR

2024 KES to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KES to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 14, valuing the pair at 2.1855. Conversely, the yearly low was recorded on February 10, dropping to 1.7030.

This high-to-low spread represents a total annual volatility of 0.4824 PKR. From a start-to-finish perspective, comparing the January average rate of 1.7523 to the December average rate of 2.1505, the exchange rate registered a net change of 22.72% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.1855 was down 0.97% compared to the 2023 peak of 2.2069, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,927 PKR

2023 Average 10,010 PKR

Yearly Trough Low 8,515 PKR

Transaction Impact: A difference of 2,412.07 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.1985

1.7117

JanuMarcMayJulySeptNove

KES 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 1.9994, compared to 2.1541 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1546 points.

H1 Avg (Jan–Jun) 1.9994

H2 Avg (Jul–Dec) 2.1541

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.2546 PKR (High: 1.9577 / Low: 1.7030). On the other end, October was the most stable month, with a tight range of 0.0110 PKR (High: 2.1600 / Low: 2.1490).

February Spread (Volatile) ±0.2546

October Spread (Stable) ±0.0110

Growth Streaks & Declines

Trends

Between January and April, 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 September and October, when the average rate fell by 0.0045 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0045

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 2.1569) against the same month in 2023 (average: 1.9915), the exchange rate shifted by +0.1654 (+8.30%).

2024 Avg (July) 2.1569

2023 Avg (July) 1.9915

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.7939	1.7102	1.7523
February	1.9577	1.7030	1.8342
March	2.1066	1.9014	2.0284
April	2.1824	2.0706	2.1181
May	2.1743	2.0630	2.1154
June	2.1679	2.1197	2.1482
July	2.1855	2.1131	2.1569
August	2.1632	2.1441	2.1555
September	2.1649	2.1520	2.1580
October	2.1600	2.1490	2.1535
November	2.1588	2.1428	2.1502
December	2.1563	2.1436	2.1505