YEARLY HIGH
0.6442 DJF
YEARLY LOW
0.6300 DJF
YEARLY AVERAGE
0.6386 DJF

2024 PKR to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PKR to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 25, valuing the pair at 0.6442. Conversely, the yearly low was recorded on January 6, dropping to 0.6300.

This high-to-low spread represents a total annual volatility of 0.0142 DJF. From a start-to-finish perspective, comparing the January average rate of 0.6356 to the December average rate of 0.6396, the exchange rate registered a net change of 0.62% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.6442 was down 17.87% compared to the 2023 peak of 0.7843, 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 322,081 DJF
2023 Average 319,419 DJF
Yearly Trough Low 314,978 DJF
Transaction Impact: A difference of 7,102.57 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.6405
0.6351
JanuMarcMayJulySeptNove

PKR to DJF 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 0.6380, compared to 0.6393 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.6380
H2 Avg (Jul–Dec) 0.6393

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0123 DJF (High: 0.6422 / Low: 0.6300). On the other end, July was the most stable month, with a tight range of 0.0029 DJF (High: 0.6402 / Low: 0.6373).

January Spread (Volatile) ±0.0123
July Spread (Stable) ±0.0029

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 July and August, when the average rate fell by 0.0010 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.6394) against the same month in 2023 (average: 0.5983), the exchange rate shifted by +0.0411 (+6.87%).

2024 Avg (September) 0.6394
2023 Avg (September) 0.5983

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6422 0.6300 0.6356
February 0.6434 0.6356 0.6378
March 0.6407 0.6362 0.6380
April 0.6416 0.6377 0.6395
May 0.6404 0.6345 0.6386
June 0.6436 0.6354 0.6385
July 0.6402 0.6373 0.6389
August 0.6413 0.6325 0.6379
September 0.6442 0.6377 0.6394
October 0.6417 0.6375 0.6400
November 0.6440 0.6383 0.6399
December 0.6407 0.6375 0.6396