YEARLY HIGH
0.3234 KGS
YEARLY LOW
0.3012 KGS
YEARLY AVERAGE
0.3130 KGS

2024 PKR to KGS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PKR to KGS exchange rate experienced significant fluctuation. The market reached its absolute peak on February 10, valuing the pair at 0.3234. Conversely, the yearly low was recorded on August 3, dropping to 0.3012.

This high-to-low spread represents a total annual volatility of 0.0223 KGS. From a start-to-finish perspective, comparing the January average rate of 0.3189 to the December average rate of 0.3125, the exchange rate registered a net change of -1.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3234 was down 14.44% compared to the 2023 peak of 0.3780, 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 161,722 KGS
2023 Average 157,705 KGS
Yearly Trough Low 150,591 KGS
Transaction Impact: A difference of 11,130.31 KGS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3229
0.3013
JanuMarcMayJulySeptNove

PKR to KGS 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 0.3184, compared to 0.3075 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0110 points.

H1 Avg (Jan–Jun) 0.3184
H2 Avg (Jul–Dec) 0.3075

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0088 KGS (High: 0.3101 / Low: 0.3013). On the other end, December was the most stable month, with a tight range of 0.0020 KGS (High: 0.3138 / Low: 0.3118).

July Spread (Volatile) ±0.0088
December Spread (Stable) ±0.0020

Growth Streaks & Declines

Trends

Between September and December, 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 June and July, when the average rate fell by 0.0072 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0072

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.3205) against the same month in 2023 (average: 0.3278), the exchange rate shifted by -0.0073 (-2.23%).

2024 Avg (February) 0.3205
2023 Avg (February) 0.3278

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3226 0.3160 0.3189
February 0.3234 0.3194 0.3205
March 0.3223 0.3199 0.3211
April 0.3219 0.3182 0.3203
May 0.3194 0.3148 0.3172
June 0.3156 0.3104 0.3128
July 0.3101 0.3013 0.3056
August 0.3089 0.3012 0.3059
September 0.3045 0.3019 0.3031
October 0.3089 0.3031 0.3070
November 0.3130 0.3087 0.3107
December 0.3138 0.3118 0.3125