YEARLY HIGH
0.4310 BDT
YEARLY LOW
0.3891 BDT
YEARLY AVERAGE
0.4146 BDT

2024 PKR to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PKR to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on October 6, valuing the pair at 0.4310. Conversely, the yearly low was recorded on January 3, dropping to 0.3891.

This high-to-low spread represents a total annual volatility of 0.0419 BDT. From a start-to-finish perspective, comparing the January average rate of 0.3920 to the December average rate of 0.4296, the exchange rate registered a net change of 9.58% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4310 was down 8.22% compared to the 2023 peak of 0.4696, 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 215,484 BDT
2023 Average 193,903 BDT
Yearly Trough Low 194,526 BDT
Transaction Impact: A difference of 20,958.19 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4342
0.3882
JanuMarcMayJulySeptNove

PKR to BDT 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 0.4015, compared to 0.4277 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0262 points.

H1 Avg (Jan–Jun) 0.4015
H2 Avg (Jul–Dec) 0.4277

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0296 BDT (High: 0.4226 / Low: 0.3930). On the other end, December was the most stable month, with a tight range of 0.0013 BDT (High: 0.4302 / Low: 0.4289).

May Spread (Volatile) ±0.0296
December Spread (Stable) ±0.0013

Growth Streaks & Declines

Trends

Between January and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0005 points.

Longest Streak 9 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 0.4303) against the same month in 2023 (average: 0.3944), the exchange rate shifted by +0.0360 (+9.12%).

2024 Avg (October) 0.4303
2023 Avg (October) 0.3944

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3959 0.3891 0.3920
February 0.3966 0.3918 0.3934
March 0.3949 0.3925 0.3937
April 0.3954 0.3937 0.3946
May 0.4226 0.3930 0.4133
June 0.4228 0.4212 0.4219
July 0.4233 0.4213 0.4221
August 0.4294 0.4209 0.4246
September 0.4304 0.4285 0.4295
October 0.4310 0.4292 0.4303
November 0.4307 0.4282 0.4300
December 0.4302 0.4289 0.4296