2024 PKR to LKR Historical Review

YEARLY HIGH

1.1650 LKR

YEARLY LOW

1.0433 LKR

YEARLY AVERAGE

1.0840 LKR

2024 PKR to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PKR to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 1.1650. Conversely, the yearly low was recorded on December 11, dropping to 1.0433.

This high-to-low spread represents a total annual volatility of 0.1217 LKR. From a start-to-finish perspective, comparing the January average rate of 1.1468 to the December average rate of 1.0489, the exchange rate registered a net change of -8.54% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.1650 was down 28.15% compared to the 2023 peak of 1.6216, 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 582,520 LKR

2023 Average 591,586 LKR

Yearly Trough Low 521,658 LKR

Transaction Impact: A difference of 60,861.68 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.1566

1.0392

JanuMarcMayJulySeptNove

PKR to LKR 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 1.1005, compared to 1.0675 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0330 points.

H1 Avg (Jan–Jun) 1.1005

H2 Avg (Jul–Dec) 1.0675

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0356 LKR (High: 1.1650 / Low: 1.1294). On the other end, October was the most stable month, with a tight range of 0.0085 LKR (High: 1.0625 / Low: 1.0540).

January Spread (Volatile) ±0.0356

October Spread (Stable) ±0.0085

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0274 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0274

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 1.1468) against the same month in 2023 (average: 1.5680), the exchange rate shifted by -0.4211 (-26.86%).

2024 Avg (January) 1.1468

2023 Avg (January) 1.5680

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1650	1.1294	1.1468
February	1.1310	1.1108	1.1194
March	1.1094	1.0807	1.0945
April	1.0852	1.0632	1.0753
May	1.0850	1.0643	1.0756
June	1.0996	1.0808	1.0916
July	1.0982	1.0845	1.0908
August	1.0883	1.0676	1.0775
September	1.0981	1.0664	1.0812
October	1.0625	1.0540	1.0564
November	1.0556	1.0440	1.0504
December	1.0627	1.0433	1.0489