YEARLY HIGH
0.5804 JPY
YEARLY LOW
0.5043 JPY
YEARLY AVERAGE
0.5440 JPY

2024 PKR to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PKR to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on July 3, valuing the pair at 0.5804. Conversely, the yearly low was recorded on January 2, dropping to 0.5043.

This high-to-low spread represents a total annual volatility of 0.0762 JPY. From a start-to-finish perspective, comparing the January average rate of 0.5222 to the December average rate of 0.5539, the exchange rate registered a net change of 6.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5804 was down 1.12% compared to the 2023 peak of 0.5870, 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 290,220 JPY
2023 Average 251,950 JPY
Yearly Trough Low 252,132 JPY
Transaction Impact: A difference of 38,087.84 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5732
0.5088
JanuMarcMayJulySeptNove

PKR to JPY 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 0.5462, compared to 0.5418 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0044 points.

H1 Avg (Jan–Jun) 0.5462
H2 Avg (Jul–Dec) 0.5418

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0432 JPY (High: 0.5804 / Low: 0.5373). On the other end, May was the most stable month, with a tight range of 0.0162 JPY (High: 0.5658 / Low: 0.5496).

July Spread (Volatile) ±0.0432
May Spread (Stable) ±0.0162

Growth Streaks & Declines

Trends

Between January and June, 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 July and August, when the average rate fell by 0.0409 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0409

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 0.5661) against the same month in 2023 (average: 0.5014), the exchange rate shifted by +0.0647 (+12.90%).

2024 Avg (July) 0.5661
2023 Avg (July) 0.5014

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5334 0.5043 0.5222
February 0.5429 0.5238 0.5363
March 0.5453 0.5256 0.5375
April 0.5682 0.5445 0.5540
May 0.5658 0.5496 0.5597
June 0.5788 0.5574 0.5678
July 0.5804 0.5373 0.5661
August 0.5356 0.5172 0.5252
September 0.5267 0.5055 0.5141
October 0.5518 0.5180 0.5395
November 0.5627 0.5385 0.5521
December 0.5676 0.5382 0.5539