YEARLY HIGH
0.0543 SCR
YEARLY LOW
0.0461 SCR
YEARLY AVERAGE
0.0491 SCR

2024 PKR to SCR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PKR to SCR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 0.0543. Conversely, the yearly low was recorded on August 27, dropping to 0.0461.

This high-to-low spread represents a total annual volatility of 0.0083 SCR. From a start-to-finish perspective, comparing the January average rate of 0.0478 to the December average rate of 0.0508, the exchange rate registered a net change of 6.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0543 was down 12.00% compared to the 2023 peak of 0.0617, 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 27,159 SCR
2023 Average 24,146 SCR
Yearly Trough Low 23,030 SCR
Transaction Impact: A difference of 4,129.47 SCR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0511
0.0475
JanuMarcMayJulySeptNove

PKR to SCR 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 0.0487, compared to 0.0495 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0487
H2 Avg (Jul–Dec) 0.0495

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0082 SCR (High: 0.0543 / Low: 0.0461). On the other end, May was the most stable month, with a tight range of 0.0015 SCR (High: 0.0498 / Low: 0.0482).

August Spread (Volatile) ±0.0082
May Spread (Stable) ±0.0015

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0010 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0508) against the same month in 2023 (average: 0.0476), the exchange rate shifted by +0.0031 (+6.56%).

2024 Avg (December) 0.0508
2023 Avg (December) 0.0476

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0493 0.0467 0.0478
February 0.0495 0.0472 0.0482
March 0.0510 0.0478 0.0488
April 0.0517 0.0482 0.0489
May 0.0498 0.0482 0.0491
June 0.0528 0.0487 0.0496
July 0.0507 0.0485 0.0496
August 0.0543 0.0461 0.0493
September 0.0502 0.0461 0.0483
October 0.0542 0.0471 0.0494
November 0.0514 0.0482 0.0495
December 0.0543 0.0479 0.0508