YEARLY HIGH
16.1656 PKR
YEARLY LOW
14.4492 PKR
YEARLY AVERAGE
15.2030 PKR

2024 NAD to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NAD to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 16.1656. Conversely, the yearly low was recorded on February 26, dropping to 14.4492.

This high-to-low spread represents a total annual volatility of 1.7164 PKR. From a start-to-finish perspective, comparing the January average rate of 14.9019 to the December average rate of 15.2624, the exchange rate registered a net change of 2.42% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 16.1656 was down 1.79% compared to the 2023 peak of 16.4594, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 80,828 PKR
2023 Average 75,512 PKR
Yearly Trough Low 72,246 PKR
Transaction Impact: A difference of 8,581.86 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

15.9209
14.5955
JanuMarcMayJulySeptNove

NAD 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 14.8933, compared to 15.5128 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6195 points.

H1 Avg (Jan–Jun) 14.8933
H2 Avg (Jul–Dec) 15.5128

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.9938 PKR (High: 15.7600 / Low: 14.7661). On the other end, October was the most stable month, with a tight range of 0.3583 PKR (High: 16.0499 / Low: 15.6916).

December Spread (Volatile) ±0.9938
October Spread (Stable) ±0.3583

Growth Streaks & Declines

Trends

Between June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.3071 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.3071

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 15.7976) against the same month in 2023 (average: 15.6911), the exchange rate shifted by +0.1065 (+0.68%).

2024 Avg (September) 15.7976
2023 Avg (September) 15.6911

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 15.2215 14.5872 14.9019
February 15.0349 14.4492 14.7060
March 15.0135 14.5667 14.7791
April 15.0317 14.4838 14.7231
May 15.3953 14.9439 15.1351
June 15.5569 14.6264 15.1145
July 15.4791 15.0774 15.2621
August 15.7877 15.0067 15.4408
September 16.1656 15.5029 15.7976
October 16.0499 15.6916 15.8105
November 15.9457 15.2384 15.5034
December 15.7600 14.7661 15.2624