YEARLY HIGH
0.0061 AZN
YEARLY LOW
0.0060 AZN
YEARLY AVERAGE
0.0061 AZN

2024 PKR to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PKR to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on April 13, valuing the pair at 0.0061. Conversely, the yearly low was recorded on January 2, dropping to 0.0060.

This high-to-low spread represents a total annual volatility of 0.0001 AZN. From a start-to-finish perspective, comparing the January average rate of 0.0061 to the December average rate of 0.0061, the exchange rate registered a net change of 0.63% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0061 was down 18.01% compared to the 2023 peak of 0.0075, 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 3,075 AZN
2023 Average 3,054 AZN
Yearly Trough Low 3,015 AZN
Transaction Impact: A difference of 60.23 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0061
0.0061
JanuMarcMayJulySeptNove

PKR to AZN 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 0.0061, compared to 0.0061 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) 0.0061
H2 Avg (Jul–Dec) 0.0061

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0001 AZN (High: 0.0061 / Low: 0.0060). On the other end, October was the most stable month, with a tight range of 0.0000 AZN (High: 0.0061 / Low: 0.0061).

January Spread (Volatile) ±0.0001
October Spread (Stable) ±0.0000

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 April and May, 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 (April 2024: 0.0061) against the same month in 2023 (average: 0.0060), the exchange rate shifted by +0.0001 (+2.03%).

2024 Avg (April) 0.0061
2023 Avg (April) 0.0060

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0061 0.0060 0.0061
February 0.0061 0.0061 0.0061
March 0.0061 0.0061 0.0061
April 0.0061 0.0061 0.0061
May 0.0061 0.0061 0.0061
June 0.0061 0.0061 0.0061
July 0.0061 0.0061 0.0061
August 0.0061 0.0061 0.0061
September 0.0061 0.0061 0.0061
October 0.0061 0.0061 0.0061
November 0.0061 0.0061 0.0061
December 0.0061 0.0061 0.0061