YEARLY HIGH
0.0133 AED
YEARLY LOW
0.0130 AED
YEARLY AVERAGE
0.0132 AED

2024 PKR to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PKR to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on February 10, valuing the pair at 0.0133. Conversely, the yearly low was recorded on January 2, dropping to 0.0130.

This high-to-low spread represents a total annual volatility of 0.0003 AED. From a start-to-finish perspective, comparing the January average rate of 0.0131 to the December average rate of 0.0132, the exchange rate registered a net change of 0.66% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0133 was down 18.02% compared to the 2023 peak of 0.0162, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 PKR based on timing:

Yearly Peak High 6,642 AED
2023 Average 6,597 AED
Yearly Trough Low 6,513 AED
Transaction Impact: A difference of 128.72 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0132
0.0131
JanuMarcMayJulySeptNove

PKR to AED 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 0.0132, compared to 0.0132 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0132
H2 Avg (Jul–Dec) 0.0132

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0002 AED (High: 0.0133 / Low: 0.0130). On the other end, October was the most stable month, with a tight range of 0.0001 AED (High: 0.0132 / Low: 0.0132).

January Spread (Volatile) ±0.0002
October Spread (Stable) ±0.0001

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 0.0000 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.0132) against the same month in 2023 (average: 0.0138), the exchange rate shifted by -0.0007 (-4.90%).

2024 Avg (February) 0.0132
2023 Avg (February) 0.0138

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0133 0.0130 0.0131
February 0.0133 0.0131 0.0132
March 0.0132 0.0131 0.0132
April 0.0132 0.0132 0.0132
May 0.0133 0.0132 0.0132
June 0.0132 0.0131 0.0132
July 0.0132 0.0132 0.0132
August 0.0133 0.0132 0.0132
September 0.0132 0.0132 0.0132
October 0.0132 0.0132 0.0132
November 0.0132 0.0132 0.0132
December 0.0132 0.0132 0.0132