YEARLY HIGH
0.1331 NIO
YEARLY LOW
0.1299 NIO
YEARLY AVERAGE
0.1321 NIO

2024 PKR to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PKR to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on April 20, valuing the pair at 0.1331. Conversely, the yearly low was recorded on January 4, dropping to 0.1299.

This high-to-low spread represents a total annual volatility of 0.0032 NIO. From a start-to-finish perspective, comparing the January average rate of 0.1309 to the December average rate of 0.1323, the exchange rate registered a net change of 1.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1331 was down 17.36% compared to the 2023 peak of 0.1610, 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 66,548 NIO
2023 Average 65,652 NIO
Yearly Trough Low 64,954 NIO
Transaction Impact: A difference of 1,594.25 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1327
0.1308
JanuMarcMayJulySeptNove

PKR to NIO 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 0.1319, compared to 0.1323 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.1319
H2 Avg (Jul–Dec) 0.1323

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0023 NIO (High: 0.1322 / Low: 0.1299). On the other end, August was the most stable month, with a tight range of 0.0002 NIO (High: 0.1323 / Low: 0.1320).

January Spread (Volatile) ±0.0023
August Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between January and April, 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 April and May, when the average rate fell by 0.0002 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.1324) against the same month in 2023 (average: 0.1287), the exchange rate shifted by +0.0036 (+2.82%).

2024 Avg (April) 0.1324
2023 Avg (April) 0.1287

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1322 0.1299 0.1309
February 0.1330 0.1313 0.1318
March 0.1325 0.1316 0.1320
April 0.1331 0.1320 0.1324
May 0.1326 0.1318 0.1322
June 0.1323 0.1319 0.1321
July 0.1324 0.1321 0.1322
August 0.1323 0.1320 0.1321
September 0.1325 0.1321 0.1323
October 0.1326 0.1322 0.1325
November 0.1325 0.1322 0.1324
December 0.1324 0.1321 0.1323