2024 PKR to BIF Historical Review

YEARLY HIGH

10.6365 BIF

YEARLY LOW

10.1152 BIF

YEARLY AVERAGE

10.3598 BIF

2024 PKR to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PKR to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 16, valuing the pair at 10.6365. Conversely, the yearly low was recorded on January 3, dropping to 10.1152.

This high-to-low spread represents a total annual volatility of 0.5213 BIF. From a start-to-finish perspective, comparing the January average rate of 10.1939 to the December average rate of 10.5997, the exchange rate registered a net change of 3.98% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 10.6365 was up 1.89% compared to the 2023 peak of 10.4397, 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 5,318,243 BIF

2023 Average 4,554,162 BIF

Yearly Trough Low 5,057,586 BIF

Transaction Impact: A difference of 260,656.86 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

10.6402

10.1533

JanuMarcMayJulySeptNove

PKR to BIF 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 10.2768, compared to 10.4427 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1658 points.

H1 Avg (Jan–Jun) 10.2768

H2 Avg (Jul–Dec) 10.4427

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.2266 BIF (High: 10.6365 / Low: 10.4099). On the other end, July was the most stable month, with a tight range of 0.0339 BIF (High: 10.3613 / Low: 10.3275).

November Spread (Volatile) ±0.2266

July Spread (Stable) ±0.0339

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 10.5108) against the same month in 2023 (average: 9.9958), the exchange rate shifted by +0.5150 (+5.15%).

2024 Avg (November) 10.5108

2023 Avg (November) 9.9958

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.2986	10.1152	10.1939
February	10.3583	10.2162	10.2500
March	10.3021	10.2336	10.2675
April	10.3315	10.2920	10.3054
May	10.3793	10.2676	10.3144
June	10.4206	10.3109	10.3298
July	10.3613	10.3275	10.3439
August	10.3852	10.3136	10.3468
September	10.4424	10.3455	10.4000
October	10.6214	10.4132	10.4547
November	10.6365	10.4099	10.5108
December	10.6331	10.4092	10.5997