2024 PKR to SBD Historical Review

YEARLY HIGH

0.0313 SBD

YEARLY LOW

0.0297 SBD

YEARLY AVERAGE

0.0303 SBD

2024 PKR to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PKR to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 12, valuing the pair at 0.0313. Conversely, the yearly low was recorded on October 6, dropping to 0.0297.

This high-to-low spread represents a total annual volatility of 0.0016 SBD. From a start-to-finish perspective, comparing the January average rate of 0.0301 to the December average rate of 0.0301, the exchange rate registered a net change of 0.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0313 was down 14.20% compared to the 2023 peak of 0.0365, 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 15,670 SBD

2023 Average 14,987 SBD

Yearly Trough Low 14,867 SBD

Transaction Impact: A difference of 802.53 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0306

0.0298

JanuMarcMayJulySeptNove

PKR to SBD 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 0.0304, compared to 0.0301 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0304

H2 Avg (Jul–Dec) 0.0301

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0012 SBD (High: 0.0313 / Low: 0.0301). On the other end, May was the most stable month, with a tight range of 0.0002 SBD (High: 0.0306 / Low: 0.0304).

March Spread (Volatile) ±0.0012

May Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0005 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.0304) against the same month in 2023 (average: 0.0294), the exchange rate shifted by +0.0010 (+3.41%).

2024 Avg (March) 0.0304

2023 Avg (March) 0.0294

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0304	0.0298	0.0301
February	0.0306	0.0301	0.0303
March	0.0313	0.0301	0.0304
April	0.0307	0.0303	0.0305
May	0.0306	0.0304	0.0305
June	0.0305	0.0303	0.0304
July	0.0305	0.0301	0.0304
August	0.0307	0.0302	0.0305
September	0.0304	0.0298	0.0300
October	0.0301	0.0297	0.0299
November	0.0303	0.0299	0.0301
December	0.0302	0.0300	0.0301