YEARLY HIGH
0.0132 QAR
YEARLY LOW
0.0129 QAR
YEARLY AVERAGE
0.0131 QAR

2024 PKR to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PKR to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 8, valuing the pair at 0.0132. Conversely, the yearly low was recorded on January 2, dropping to 0.0129.

This high-to-low spread represents a total annual volatility of 0.0003 QAR. From a start-to-finish perspective, comparing the January average rate of 0.0130 to the December average rate of 0.0131, the exchange rate registered a net change of 0.64% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0132 was down 18.19% compared to the 2023 peak of 0.0161, 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 6,593 QAR
2023 Average 6,544 QAR
Yearly Trough Low 6,456 QAR
Transaction Impact: A difference of 137.24 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0131
0.0130
JanuMarcMayJulySeptNove

PKR to QAR 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 0.0131, compared to 0.0131 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) 0.0131
H2 Avg (Jul–Dec) 0.0131

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0002 QAR (High: 0.0132 / Low: 0.0129). On the other end, November was the most stable month, with a tight range of 0.0000 QAR (High: 0.0131 / Low: 0.0131).

January Spread (Volatile) ±0.0002
November Spread (Stable) ±0.0000

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 July and August, when the average rate fell by 0.0000 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 0.0131) against the same month in 2023 (average: 0.0127), the exchange rate shifted by +0.0004 (+2.97%).

2024 Avg (June) 0.0131
2023 Avg (June) 0.0127

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0132 0.0129 0.0130
February 0.0132 0.0130 0.0131
March 0.0131 0.0130 0.0131
April 0.0131 0.0131 0.0131
May 0.0131 0.0131 0.0131
June 0.0132 0.0131 0.0131
July 0.0131 0.0131 0.0131
August 0.0131 0.0130 0.0131
September 0.0131 0.0131 0.0131
October 0.0131 0.0131 0.0131
November 0.0131 0.0131 0.0131
December 0.0131 0.0131 0.0131