2024 PKR to MXN Historical Review

YEARLY HIGH

0.0749 MXN

YEARLY LOW

0.0588 MXN

YEARLY AVERAGE

0.0658 MXN

2024 PKR to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PKR to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.0749. Conversely, the yearly low was recorded on April 8, dropping to 0.0588.

This high-to-low spread represents a total annual volatility of 0.0161 MXN. From a start-to-finish perspective, comparing the January average rate of 0.0609 to the December average rate of 0.0728, the exchange rate registered a net change of 19.51% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0749 was down 12.90% compared to the 2023 peak of 0.0860, 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 37,463 MXN

2023 Average 31,908 MXN

Yearly Trough Low 29,419 MXN

Transaction Impact: A difference of 8,044.56 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0744

0.0589

JanuMarcMayJulySeptNove

PKR to MXN 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 0.0614, compared to 0.0702 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0088 points.

H1 Avg (Jan–Jun) 0.0614

H2 Avg (Jul–Dec) 0.0702

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0063 MXN (High: 0.0673 / Low: 0.0610). On the other end, February was the most stable month, with a tight range of 0.0008 MXN (High: 0.0618 / Low: 0.0610).

June Spread (Volatile) ±0.0063

February Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0011 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0728) against the same month in 2023 (average: 0.0609), the exchange rate shifted by +0.0120 (+19.65%).

2024 Avg (December) 0.0728

2023 Avg (December) 0.0609

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0621	0.0599	0.0609
February	0.0618	0.0610	0.0613
March	0.0611	0.0596	0.0602
April	0.0618	0.0588	0.0605
May	0.0612	0.0594	0.0604
June	0.0673	0.0610	0.0653
July	0.0673	0.0634	0.0651
August	0.0711	0.0669	0.0688
September	0.0721	0.0686	0.0704
October	0.0725	0.0692	0.0708
November	0.0745	0.0713	0.0731
December	0.0749	0.0722	0.0728