YEARLY HIGH
0.0692 NAD
YEARLY LOW
0.0619 NAD
YEARLY AVERAGE
0.0658 NAD

2024 PKR to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PKR to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 26, valuing the pair at 0.0692. Conversely, the yearly low was recorded on September 30, dropping to 0.0619.

This high-to-low spread represents a total annual volatility of 0.0073 NAD. From a start-to-finish perspective, comparing the January average rate of 0.0671 to the December average rate of 0.0655, the exchange rate registered a net change of -2.34% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0692 was down 8.19% compared to the 2023 peak of 0.0754, 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 34,604 NAD
2023 Average 33,179 NAD
Yearly Trough Low 30,930 NAD
Transaction Impact: A difference of 3,674.06 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0685
0.0628
JanuMarcMayJulySeptNove

PKR to NAD 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 0.0672, compared to 0.0645 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0027 points.

H1 Avg (Jan–Jun) 0.0672
H2 Avg (Jul–Dec) 0.0645

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0043 NAD (High: 0.0677 / Low: 0.0635). On the other end, October was the most stable month, with a tight range of 0.0014 NAD (High: 0.0637 / Low: 0.0623).

December Spread (Volatile) ±0.0043
October Spread (Stable) ±0.0014

Growth Streaks & Declines

Trends

Between October and December, 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 April and May, when the average rate fell by 0.0019 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0019

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.0680) against the same month in 2023 (average: 0.0674), the exchange rate shifted by +0.0006 (+0.89%).

2024 Avg (February) 0.0680
2023 Avg (February) 0.0674

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0686 0.0657 0.0671
February 0.0692 0.0665 0.0680
March 0.0686 0.0666 0.0677
April 0.0690 0.0665 0.0679
May 0.0669 0.0650 0.0661
June 0.0684 0.0643 0.0662
July 0.0663 0.0646 0.0655
August 0.0666 0.0633 0.0648
September 0.0645 0.0619 0.0633
October 0.0637 0.0623 0.0633
November 0.0656 0.0627 0.0645
December 0.0677 0.0635 0.0655