YEARLY HIGH
0.1836 EGP
YEARLY LOW
0.1093 EGP
YEARLY AVERAGE
0.1628 EGP

2024 PKR to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PKR to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 22, valuing the pair at 0.1836. Conversely, the yearly low was recorded on January 6, dropping to 0.1093.

This high-to-low spread represents a total annual volatility of 0.0743 EGP. From a start-to-finish perspective, comparing the January average rate of 0.1104 to the December average rate of 0.1818, the exchange rate registered a net change of 64.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1836 was up 41.27% compared to the 2023 peak of 0.1299, 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 91,776 EGP
2023 Average 54,981 EGP
Yearly Trough Low 54,630 EGP
Transaction Impact: A difference of 37,145.49 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1890
0.1032
JanuMarcMayJulySeptNove

PKR to EGP 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 0.1494, compared to 0.1762 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0268 points.

H1 Avg (Jan–Jun) 0.1494
H2 Avg (Jul–Dec) 0.1762

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0669 EGP (High: 0.1774 / Low: 0.1104). On the other end, February was the most stable month, with a tight range of 0.0014 EGP (High: 0.1118 / Low: 0.1104).

March Spread (Volatile) ±0.0669
February Spread (Stable) ±0.0014

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 0.0020 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0020

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.1818) against the same month in 2023 (average: 0.1096), the exchange rate shifted by +0.0723 (+65.95%).

2024 Avg (December) 0.1818
2023 Avg (December) 0.1096

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1116 0.1093 0.1104
February 0.1118 0.1104 0.1108
March 0.1774 0.1104 0.1620
April 0.1747 0.1697 0.1719
May 0.1728 0.1674 0.1699
June 0.1737 0.1690 0.1713
July 0.1742 0.1721 0.1731
August 0.1772 0.1742 0.1757
September 0.1753 0.1734 0.1741
October 0.1762 0.1734 0.1748
November 0.1789 0.1757 0.1777
December 0.1836 0.1790 0.1818