YEARLY HIGH
0.7670 GYD
YEARLY LOW
0.7422 GYD
YEARLY AVERAGE
0.7514 GYD

2024 PKR to GYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PKR to GYD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 13, valuing the pair at 0.7670. Conversely, the yearly low was recorded on January 2, dropping to 0.7422.

This high-to-low spread represents a total annual volatility of 0.0248 GYD. From a start-to-finish perspective, comparing the January average rate of 0.7476 to the December average rate of 0.7520, the exchange rate registered a net change of 0.58% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.7670 was down 16.91% compared to the 2023 peak of 0.9232, 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 383,520 GYD
2023 Average 377,440 GYD
Yearly Trough Low 371,112 GYD
Transaction Impact: A difference of 12,407.81 GYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.7539
0.7471
JanuMarcMayJulySeptNove

PKR to GYD 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 0.7508, compared to 0.7521 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.7508
H2 Avg (Jul–Dec) 0.7521

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0188 GYD (High: 0.7670 / Low: 0.7482). On the other end, December was the most stable month, with a tight range of 0.0024 GYD (High: 0.7532 / Low: 0.7508).

March Spread (Volatile) ±0.0188
December Spread (Stable) ±0.0024

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 November and December, when the average rate fell by 0.0009 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.7513) against the same month in 2023 (average: 0.7522), the exchange rate shifted by -0.0009 (-0.12%).

2024 Avg (March) 0.7513
2023 Avg (March) 0.7522

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7552 0.7422 0.7476
February 0.7566 0.7469 0.7502
March 0.7670 0.7482 0.7513
April 0.7544 0.7504 0.7525
May 0.7550 0.7491 0.7519
June 0.7531 0.7499 0.7514
July 0.7532 0.7502 0.7515
August 0.7521 0.7494 0.7508
September 0.7534 0.7502 0.7519
October 0.7545 0.7512 0.7533
November 0.7541 0.7497 0.7528
December 0.7532 0.7508 0.7520