2024 PKR to NOK Historical Review

YEARLY HIGH

0.0411 NOK

YEARLY LOW

0.0365 NOK

YEARLY AVERAGE

0.0386 NOK

2024 PKR to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PKR to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 0.0411. Conversely, the yearly low was recorded on January 1, dropping to 0.0365.

This high-to-low spread represents a total annual volatility of 0.0046 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0372 to the December average rate of 0.0404, the exchange rate registered a net change of 8.70% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0411 was down 8.97% compared to the 2023 peak of 0.0452, 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 20,555 NOK

2023 Average 18,946 NOK

Yearly Trough Low 18,254 NOK

Transaction Impact: A difference of 2,301.33 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0407

0.0368

JanuMarcMayJulySeptNove

PKR to NOK 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 0.0382, compared to 0.0391 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0382

H2 Avg (Jul–Dec) 0.0391

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0021 NOK (High: 0.0396 / Low: 0.0376). On the other end, June was the most stable month, with a tight range of 0.0009 NOK (High: 0.0385 / Low: 0.0375).

August Spread (Volatile) ±0.0021

June Spread (Stable) ±0.0009

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 0.0006 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0404) against the same month in 2023 (average: 0.0373), the exchange rate shifted by +0.0031 (+8.32%).

2024 Avg (December) 0.0404

2023 Avg (December) 0.0373

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0379	0.0365	0.0372
February	0.0386	0.0373	0.0378
March	0.0391	0.0374	0.0381
April	0.0399	0.0384	0.0392
May	0.0396	0.0377	0.0386
June	0.0385	0.0375	0.0381
July	0.0396	0.0379	0.0388
August	0.0396	0.0376	0.0384
September	0.0390	0.0374	0.0381
October	0.0396	0.0381	0.0390
November	0.0402	0.0391	0.0398
December	0.0411	0.0397	0.0404