2024 PKR to IRR Historical Review

YEARLY HIGH

152.3989 IRR

YEARLY LOW

149.1311 IRR

YEARLY AVERAGE

151.1738 IRR

2024 PKR to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PKR to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 152.3989. Conversely, the yearly low was recorded on January 2, dropping to 149.1311.

This high-to-low spread represents a total annual volatility of 3.2679 IRR. From a start-to-finish perspective, comparing the January average rate of 150.2204 to the December average rate of 151.6896, the exchange rate registered a net change of 0.98% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 152.3989 was down 17.46% compared to the 2023 peak of 184.6453, 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 76,199,467 IRR

2023 Average 75,822,583 IRR

Yearly Trough Low 74,565,526 IRR

Transaction Impact: A difference of 1,633,940.73 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

151.8365

150.0735

JanuMarcMayJulySeptNove

PKR to IRR 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 150.9343, compared to 151.4133 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4790 points.

H1 Avg (Jan–Jun) 150.9343

H2 Avg (Jul–Dec) 151.4133

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 2.7100 IRR (High: 151.8411 / Low: 149.1311). On the other end, October was the most stable month, with a tight range of 0.7672 IRR (High: 151.8761 / Low: 151.1088).

January Spread (Volatile) ±2.7100

October Spread (Stable) ±0.7672

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 0.0718 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0718

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 151.6896) against the same month in 2023 (average: 149.7445), the exchange rate shifted by +1.9451 (+1.30%).

2024 Avg (December) 151.6896

2023 Avg (December) 149.7445

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	151.8411	149.1311	150.2204
February	152.1113	150.2637	150.6784
March	151.4771	150.4039	150.8871
April	151.7296	150.9510	151.3088
May	151.8280	150.8609	151.2719
June	151.9564	150.5532	151.2395
July	152.0249	150.9503	151.2864
August	152.2272	150.8403	151.2146
September	152.2989	150.9809	151.3130
October	151.8761	151.1088	151.5198
November	151.7648	150.8663	151.4564
December	152.3989	151.1994	151.6896