2024 PKR to HKD Historical Review

YEARLY HIGH

0.0283 HKD

YEARLY LOW

0.0277 HKD

YEARLY AVERAGE

0.0280 HKD

2024 PKR to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PKR to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 10, valuing the pair at 0.0283. Conversely, the yearly low was recorded on January 3, dropping to 0.0277.

This high-to-low spread represents a total annual volatility of 0.0006 HKD. From a start-to-finish perspective, comparing the January average rate of 0.0279 to the December average rate of 0.0280, the exchange rate registered a net change of 0.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0283 was down 17.86% compared to the 2023 peak of 0.0344, 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 14,142 HKD

2023 Average 14,062 HKD

Yearly Trough Low 13,851 HKD

Transaction Impact: A difference of 290.48 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0282

0.0279

JanuMarcMayJulySeptNove

PKR to HKD 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 0.0281, compared to 0.0280 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0281

H2 Avg (Jul–Dec) 0.0280

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0005 HKD (High: 0.0282 / Low: 0.0277). On the other end, July was the most stable month, with a tight range of 0.0001 HKD (High: 0.0281 / Low: 0.0280).

January Spread (Volatile) ±0.0005

July Spread (Stable) ±0.0001

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 0.0001 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.0280) against the same month in 2023 (average: 0.0296), the exchange rate shifted by -0.0015 (-5.21%).

2024 Avg (February) 0.0280

2023 Avg (February) 0.0296

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0282	0.0277	0.0279
February	0.0283	0.0280	0.0280
March	0.0282	0.0280	0.0281
April	0.0283	0.0281	0.0282
May	0.0282	0.0280	0.0281
June	0.0281	0.0279	0.0280
July	0.0281	0.0280	0.0281
August	0.0282	0.0279	0.0280
September	0.0281	0.0280	0.0280
October	0.0280	0.0279	0.0280
November	0.0281	0.0279	0.0280
December	0.0280	0.0279	0.0280