2024 MDL to PKR Historical Review

YEARLY HIGH

16.2980 PKR

YEARLY LOW

15.0965 PKR

YEARLY AVERAGE

15.7052 PKR

2024 MDL to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MDL to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 16.2980. Conversely, the yearly low was recorded on December 28, dropping to 15.0965.

This high-to-low spread represents a total annual volatility of 1.2015 PKR. From a start-to-finish perspective, comparing the January average rate of 15.8861 to the December average rate of 15.1821, the exchange rate registered a net change of -4.43% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 16.2980 was down 5.93% compared to the 2023 peak of 17.3258, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 81,490 PKR

2023 Average 77,352 PKR

Yearly Trough Low 75,482 PKR

Transaction Impact: A difference of 6,007.73 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

16.0954

15.0990

JanuMarcMayJulySeptNove

MDL 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 15.7509, compared to 15.6594 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0915 points.

H1 Avg (Jan–Jun) 15.7509

H2 Avg (Jul–Dec) 15.6594

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.6833 PKR (High: 16.2980 / Low: 15.6148). On the other end, December was the most stable month, with a tight range of 0.1620 PKR (High: 15.2584 / Low: 15.0965).

January Spread (Volatile) ±0.6833

December Spread (Stable) ±0.1620

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 October and November, when the average rate fell by 0.3126 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.3126

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 15.8861) against the same month in 2023 (average: 12.3128), the exchange rate shifted by +3.5733 (+29.02%).

2024 Avg (January) 15.8861

2023 Avg (January) 12.3128

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	16.2980	15.6148	15.8861
February	15.7820	15.5213	15.6738
March	15.9036	15.7158	15.7840
April	15.8095	15.5049	15.6880
May	15.8410	15.6648	15.7584
June	15.8855	15.5450	15.7154
July	15.8464	15.6237	15.7200
August	16.1752	15.6887	15.9234
September	16.1230	15.8836	16.0124
October	15.9770	15.4648	15.7157
November	15.6387	15.1937	15.4031
December	15.2584	15.0965	15.1821