YEARLY HIGH
0.0072 BBD
YEARLY LOW
0.0071 BBD
YEARLY AVERAGE
0.0072 BBD

2024 PKR to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PKR to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 10, valuing the pair at 0.0072. Conversely, the yearly low was recorded on January 2, dropping to 0.0071.

This high-to-low spread represents a total annual volatility of 0.0001 BBD. From a start-to-finish perspective, comparing the January average rate of 0.0071 to the December average rate of 0.0072, the exchange rate registered a net change of 0.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0072 was down 18.03% compared to the 2023 peak of 0.0088, 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 3,617 BBD
2023 Average 3,592 BBD
Yearly Trough Low 3,547 BBD
Transaction Impact: A difference of 69.99 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0072
0.0071
JanuMarcMayJulySeptNove

PKR to BBD 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 0.0072, compared to 0.0072 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) 0.0072
H2 Avg (Jul–Dec) 0.0072

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0001 BBD (High: 0.0072 / Low: 0.0071). On the other end, October was the most stable month, with a tight range of 0.0000 BBD (High: 0.0072 / Low: 0.0072).

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 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: 0.0072) against the same month in 2023 (average: 0.0075), the exchange rate shifted by -0.0004 (-4.90%).

2024 Avg (February) 0.0072
2023 Avg (February) 0.0075

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0072 0.0071 0.0071
February 0.0072 0.0071 0.0072
March 0.0072 0.0072 0.0072
April 0.0072 0.0072 0.0072
May 0.0072 0.0072 0.0072
June 0.0072 0.0072 0.0072
July 0.0072 0.0072 0.0072
August 0.0072 0.0072 0.0072
September 0.0072 0.0072 0.0072
October 0.0072 0.0072 0.0072
November 0.0072 0.0072 0.0072
December 0.0072 0.0072 0.0072