2024 PKR to AFN Historical Review

YEARLY HIGH

0.2698 AFN

YEARLY LOW

0.2344 AFN

YEARLY AVERAGE

0.2532 AFN

2024 PKR to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PKR to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 0.2698. Conversely, the yearly low was recorded on October 17, dropping to 0.2344.

This high-to-low spread represents a total annual volatility of 0.0354 AFN. From a start-to-finish perspective, comparing the January average rate of 0.2556 to the December average rate of 0.2497, the exchange rate registered a net change of -2.32% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2698 was down 31.45% compared to the 2023 peak of 0.3935, 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 134,888 AFN

2023 Average 148,825 AFN

Yearly Trough Low 117,181 AFN

Transaction Impact: A difference of 17,706.64 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2643

0.2394

JanuMarcMayJulySeptNove

PKR to AFN 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 0.2577, compared to 0.2488 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0088 points.

H1 Avg (Jan–Jun) 0.2577

H2 Avg (Jul–Dec) 0.2488

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0177 AFN (High: 0.2661 / Low: 0.2484). On the other end, July was the most stable month, with a tight range of 0.0035 AFN (High: 0.2555 / Low: 0.2520).

January Spread (Volatile) ±0.0177

July Spread (Stable) ±0.0035

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 September and October, when the average rate fell by 0.0083 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0083

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.2623) against the same month in 2023 (average: 0.3378), the exchange rate shifted by -0.0756 (-22.37%).

2024 Avg (February) 0.2623

2023 Avg (February) 0.3378

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2661	0.2484	0.2556
February	0.2698	0.2585	0.2623
March	0.2613	0.2554	0.2591
April	0.2600	0.2559	0.2582
May	0.2600	0.2531	0.2576
June	0.2580	0.2503	0.2533
July	0.2555	0.2520	0.2543
August	0.2562	0.2512	0.2543
September	0.2549	0.2449	0.2498
October	0.2475	0.2344	0.2414
November	0.2458	0.2409	0.2435
December	0.2530	0.2425	0.2497