2024 PEN to PKR Historical Review

YEARLY HIGH

76.2851 PKR

YEARLY LOW

71.8178 PKR

YEARLY AVERAGE

74.1965 PKR

2024 PEN to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PEN to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 76.2851. Conversely, the yearly low was recorded on February 10, dropping to 71.8178.

This high-to-low spread represents a total annual volatility of 4.4673 PKR. From a start-to-finish perspective, comparing the January average rate of 75.0270 to the December average rate of 74.5230, the exchange rate registered a net change of -0.67% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 76.2851 was down 8.37% compared to the 2023 peak of 83.2525, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 381,426 PKR

2023 Average 374,047 PKR

Yearly Trough Low 359,089 PKR

Transaction Impact: A difference of 22,336.39 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

75.2421

72.6608

JanuMarcMayJulySeptNove

PEN 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 74.3215, compared to 74.0715 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2499 points.

H1 Avg (Jan–Jun) 74.3215

H2 Avg (Jul–Dec) 74.0715

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 3.1221 PKR (High: 76.2851 / Low: 73.1630). On the other end, December was the most stable month, with a tight range of 0.8307 PKR (High: 74.9010 / Low: 74.0703).

January Spread (Volatile) ±3.1221

December Spread (Stable) ±0.8307

Growth Streaks & Declines

Trends

Between June and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 2.1511 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -2.1511

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 75.0270) against the same month in 2023 (average: 61.1331), the exchange rate shifted by +13.8939 (+22.73%).

2024 Avg (January) 75.0270

2023 Avg (January) 61.1331

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	76.2851	73.1630	75.0270
February	73.7353	71.8178	72.8759
March	75.9797	73.8480	75.0066
April	75.5939	73.8420	74.8385
May	75.3374	73.9909	74.5712
June	74.7084	72.5964	73.6095
July	74.9884	72.4026	73.9492
August	75.2240	74.2519	74.5404
September	74.7405	73.0213	73.8248
October	74.8774	73.6336	74.0826
November	74.2363	73.0213	73.5091
December	74.9010	74.0703	74.5230