2024 PKR to PEN Historical Review

YEARLY HIGH

0.0139 PEN

YEARLY LOW

0.0131 PEN

YEARLY AVERAGE

0.0135 PEN

2024 PKR to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PKR to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 10, valuing the pair at 0.0139. Conversely, the yearly low was recorded on January 6, dropping to 0.0131.

This high-to-low spread represents a total annual volatility of 0.0008 PEN. From a start-to-finish perspective, comparing the January average rate of 0.0133 to the December average rate of 0.0134, the exchange rate registered a net change of 0.66% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0139 was down 17.25% compared to the 2023 peak of 0.0168, 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 6,962 PEN

2023 Average 6,722 PEN

Yearly Trough Low 6,554 PEN

Transaction Impact: A difference of 407.70 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0138

0.0133

JanuMarcMayJulySeptNove

PKR to PEN 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 0.0135, compared to 0.0135 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0135

H2 Avg (Jul–Dec) 0.0135

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0006 PEN (High: 0.0137 / Low: 0.0131). On the other end, December was the most stable month, with a tight range of 0.0001 PEN (High: 0.0135 / Low: 0.0134).

January Spread (Volatile) ±0.0006

December Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between March and June, 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 February and March, when the average rate fell by 0.0004 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.0137) against the same month in 2023 (average: 0.0145), the exchange rate shifted by -0.0007 (-5.11%).

2024 Avg (February) 0.0137

2023 Avg (February) 0.0145

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0137	0.0131	0.0133
February	0.0139	0.0136	0.0137
March	0.0135	0.0132	0.0133
April	0.0135	0.0132	0.0134
May	0.0135	0.0133	0.0134
June	0.0138	0.0134	0.0136
July	0.0138	0.0133	0.0135
August	0.0135	0.0133	0.0134
September	0.0137	0.0134	0.0135
October	0.0136	0.0134	0.0135
November	0.0137	0.0135	0.0136
December	0.0135	0.0134	0.0134