2024 PKR to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 PKR to GNF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the PKR to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 1, valuing the pair at 31.2586. Conversely, the yearly low was recorded on January 3, dropping to 30.4944.
This high-to-low spread represents a total annual volatility of 0.7642 GNF. From a start-to-finish perspective, comparing the January average rate of 30.7060 to the December average rate of 31.0351, the exchange rate registered a net change of 1.07% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 31.2586 was down 19.18% compared to the 2023 peak of 38.6791, indicating shifts in long-term support levels.
Comparing the value generated converting 500,000 PKR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
PKR to GNF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 30.8436, compared to 31.0166 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1730 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was January, with a trading range of 0.5060 GNF (High: 31.0003 / Low: 30.4944). On the other end, December was the most stable month, with a tight range of 0.0512 GNF (High: 31.0564 / Low: 31.0052).
Growth Streaks & Declines
TrendsBetween May and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0452 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2024: 31.0859) against the same month in 2023 (average: 30.7875), the exchange rate shifted by +0.2983 (+0.97%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 31.0003 | 30.4944 | 30.7060 |
| February | 31.0695 | 30.7266 | 30.8329 |
| March | 30.9284 | 30.7648 | 30.8414 |
| April | 30.9694 | 30.7727 | 30.8961 |
| May | 31.0279 | 30.7688 | 30.8847 |
| June | 30.9540 | 30.8570 | 30.9008 |
| July | 31.0571 | 30.8856 | 30.9330 |
| August | 30.9902 | 30.8961 | 30.9536 |
| September | 31.1018 | 30.9809 | 31.0515 |
| October | 31.2586 | 30.9778 | 31.0859 |
| November | 31.1774 | 30.9554 | 31.0407 |
| December | 31.0564 | 31.0052 | 31.0351 |