2024 PKR to IDR Historical Review

YEARLY HIGH

59.3287 IDR

YEARLY LOW

54.4647 IDR

YEARLY AVERAGE

56.9841 IDR

2024 PKR to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PKR to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 15, valuing the pair at 59.3287. Conversely, the yearly low was recorded on September 28, dropping to 54.4647.

This high-to-low spread represents a total annual volatility of 4.8639 IDR. From a start-to-finish perspective, comparing the January average rate of 55.8068 to the December average rate of 57.7741, the exchange rate registered a net change of 3.53% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 59.3287 was down 13.77% compared to the 2023 peak of 68.8057, 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 29,664,326 IDR

2023 Average 27,379,813 IDR

Yearly Trough Low 27,232,355 IDR

Transaction Impact: A difference of 2,431,970.55 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

59.1292

54.7320

JanuMarcMayJulySeptNove

PKR to IDR 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 57.1302, compared to 56.8380 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2922 points.

H1 Avg (Jan–Jun) 57.1302

H2 Avg (Jul–Dec) 56.8380

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 3.1867 IDR (High: 58.4624 / Low: 55.2757). On the other end, July was the most stable month, with a tight range of 1.0573 IDR (High: 58.9044 / Low: 57.8471).

August Spread (Volatile) ±3.1867

July Spread (Stable) ±1.0573

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 July and August, when the average rate fell by 1.7859 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.7859

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 58.7627) against the same month in 2023 (average: 52.1528), the exchange rate shifted by +6.6100 (+12.67%).

2024 Avg (June) 58.7627

2023 Avg (June) 52.1528

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	57.0845	54.9922	55.8068
February	56.8855	55.7388	56.1414
March	57.2084	55.6130	56.4077
April	58.6716	57.1958	57.9270
May	58.3823	57.2121	57.7358
June	59.3287	58.1727	58.7627
July	58.9044	57.8471	58.3869
August	58.4624	55.2757	56.6010
September	55.8339	54.4647	55.0984
October	56.7876	55.0622	56.1701
November	57.4889	56.0410	56.9973
December	58.7066	56.9957	57.7741