YEARLY HIGH
917.1074 PKR
YEARLY LOW
898.0415 PKR
YEARLY AVERAGE
907.3523 PKR

2024 KWD to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KWD to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 917.1074. Conversely, the yearly low was recorded on February 10, dropping to 898.0415.

This high-to-low spread represents a total annual volatility of 19.0659 PKR. From a start-to-finish perspective, comparing the January average rate of 910.1136 to the December average rate of 903.7183, the exchange rate registered a net change of -0.70% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 917.1074 was down 8.17% compared to the 2023 peak of 998.6986, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,585,537 PKR
2023 Average 4,546,791 PKR
Yearly Trough Low 4,490,207 PKR
Transaction Impact: A difference of 95,329.72 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

912.5407
902.2610
JanuMarcMayJulySeptNove

KWD 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 906.6759, compared to 908.0288 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.3529 points.

H1 Avg (Jan–Jun) 906.6759
H2 Avg (Jul–Dec) 908.0288

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 16.2604 PKR (High: 917.1074 / Low: 900.8470). On the other end, June was the most stable month, with a tight range of 3.6546 PKR (High: 910.1558 / Low: 906.5012).

January Spread (Volatile) ±16.2604
June Spread (Stable) ±3.6546

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 September and October, when the average rate fell by 4.8099 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -4.8099

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 910.1136) against the same month in 2023 (average: 764.9856), the exchange rate shifted by +145.1280 (+18.97%).

2024 Avg (January) 910.1136
2023 Avg (January) 764.9856

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 917.1074 900.8470 910.1136
February 910.1608 898.0415 906.4384
March 909.3209 902.1231 906.3098
April 905.2788 900.5911 903.1176
May 908.9104 903.6575 905.8083
June 910.1558 906.5012 908.2678
July 912.4557 907.9067 909.9770
August 914.9071 906.9102 911.1410
September 913.8693 909.6447 911.6841
October 910.2499 905.4561 906.8742
November 908.4744 901.3544 904.7780
December 906.5324 900.7298 903.7183