YEARLY HIGH
0.0103 GEL
YEARLY LOW
0.0094 GEL
YEARLY AVERAGE
0.0098 GEL

2024 PKR to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PKR to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on June 15, valuing the pair at 0.0103. Conversely, the yearly low was recorded on February 18, dropping to 0.0094.

This high-to-low spread represents a total annual volatility of 0.0009 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0096 to the December average rate of 0.0101, the exchange rate registered a net change of 5.89% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0103 was down 13.30% compared to the 2023 peak of 0.0119, 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 5,164 GEL
2023 Average 4,714 GEL
Yearly Trough Low 4,717 GEL
Transaction Impact: A difference of 446.96 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0102
0.0094
JanuMarcMayJulySeptNove

PKR to GEL 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 0.0097, compared to 0.0098 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0097
H2 Avg (Jul–Dec) 0.0098

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0006 GEL (High: 0.0102 / Low: 0.0096). On the other end, October was the most stable month, with a tight range of 0.0001 GEL (High: 0.0099 / Low: 0.0098).

May Spread (Volatile) ±0.0006
October Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0003 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 0.0101) against the same month in 2023 (average: 0.0091), the exchange rate shifted by +0.0010 (+11.10%).

2024 Avg (June) 0.0101
2023 Avg (June) 0.0091

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0097 0.0095 0.0096
February 0.0096 0.0094 0.0095
March 0.0097 0.0095 0.0096
April 0.0097 0.0096 0.0096
May 0.0102 0.0096 0.0097
June 0.0103 0.0100 0.0101
July 0.0101 0.0097 0.0098
August 0.0098 0.0096 0.0097
September 0.0098 0.0096 0.0097
October 0.0099 0.0098 0.0098
November 0.0101 0.0097 0.0098
December 0.0103 0.0100 0.0101