2024 LKR to PKR Historical Review

YEARLY HIGH

0.9585 PKR

YEARLY LOW

0.8583 PKR

YEARLY AVERAGE

0.9231 PKR

2024 LKR to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LKR to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 11, valuing the pair at 0.9585. Conversely, the yearly low was recorded on January 7, dropping to 0.8583.

This high-to-low spread represents a total annual volatility of 0.1001 PKR. From a start-to-finish perspective, comparing the January average rate of 0.8720 to the December average rate of 0.9534, the exchange rate registered a net change of 9.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.9585 was down 2.60% compared to the 2023 peak of 0.9840, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,792 PKR

2023 Average 4,278 PKR

Yearly Trough Low 4,292 PKR

Transaction Impact: A difference of 500.71 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.9615

0.8639

JanuMarcMayJulySeptNove

LKR 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 0.9091, compared to 0.9370 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0278 points.

H1 Avg (Jan–Jun) 0.9091

H2 Avg (Jul–Dec) 0.9370

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0271 PKR (High: 0.8854 / Low: 0.8583). On the other end, October was the most stable month, with a tight range of 0.0076 PKR (High: 0.9488 / Low: 0.9412).

January Spread (Volatile) ±0.0271

October Spread (Stable) ±0.0076

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 May and June, when the average rate fell by 0.0137 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0137

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.9534) against the same month in 2023 (average: 0.8632), the exchange rate shifted by +0.0902 (+10.45%).

2024 Avg (December) 0.9534

2023 Avg (December) 0.8632

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8854	0.8583	0.8720
February	0.9003	0.8842	0.8933
March	0.9253	0.9013	0.9137
April	0.9405	0.9215	0.9300
May	0.9396	0.9217	0.9297
June	0.9252	0.9095	0.9161
July	0.9221	0.9106	0.9168
August	0.9366	0.9188	0.9281
September	0.9377	0.9107	0.9250
October	0.9488	0.9412	0.9466
November	0.9578	0.9473	0.9520
December	0.9585	0.9410	0.9534