YEARLY HIGH
0.0035 EUR
YEARLY LOW
0.0032 EUR
YEARLY AVERAGE
0.0033 EUR

2024 PKR to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PKR to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.0035. Conversely, the yearly low was recorded on August 23, dropping to 0.0032.

This high-to-low spread represents a total annual volatility of 0.0003 EUR. From a start-to-finish perspective, comparing the January average rate of 0.0033 to the December average rate of 0.0034, the exchange rate registered a net change of 4.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0035 was down 17.02% compared to the 2023 peak of 0.0042, 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 1,736 EUR
2023 Average 1,660 EUR
Yearly Trough Low 1,602 EUR
Transaction Impact: A difference of 134.55 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0035
0.0032
JanuMarcMayJulySeptNove

PKR to EUR 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 0.0033, compared to 0.0033 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) 0.0033
H2 Avg (Jul–Dec) 0.0033

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0002 EUR (High: 0.0035 / Low: 0.0033). On the other end, September was the most stable month, with a tight range of 0.0000 EUR (High: 0.0033 / Low: 0.0032).

November Spread (Volatile) ±0.0002
September Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between September and December, 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 0.0001 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0034) against the same month in 2023 (average: 0.0032), the exchange rate shifted by +0.0002 (+5.78%).

2024 Avg (December) 0.0034
2023 Avg (December) 0.0032

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0033 0.0032 0.0033
February 0.0034 0.0033 0.0033
March 0.0033 0.0033 0.0033
April 0.0034 0.0033 0.0034
May 0.0034 0.0033 0.0033
June 0.0034 0.0033 0.0033
July 0.0033 0.0033 0.0033
August 0.0033 0.0032 0.0033
September 0.0033 0.0032 0.0032
October 0.0033 0.0033 0.0033
November 0.0035 0.0033 0.0034
December 0.0035 0.0034 0.0034