YEARLY HIGH
2.1747 SDG
YEARLY LOW
2.0484 SDG
YEARLY AVERAGE
2.1480 SDG

2024 PKR to SDG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PKR to SDG exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 2.1747. Conversely, the yearly low was recorded on May 2, dropping to 2.0484.

This high-to-low spread represents a total annual volatility of 0.1262 SDG. From a start-to-finish perspective, comparing the January average rate of 2.1471 to the December average rate of 2.1629, the exchange rate registered a net change of 0.74% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.1747 was down 14.72% compared to the 2023 peak of 2.5501, 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 1,087,337 SDG
2023 Average 1,070,344 SDG
Yearly Trough Low 1,024,214 SDG
Transaction Impact: A difference of 63,123.44 SDG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.1703
2.1036
JanuMarcMayJulySeptNove

PKR to SDG 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 2.1375, compared to 2.1585 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0210 points.

H1 Avg (Jan–Jun) 2.1375
H2 Avg (Jul–Dec) 2.1585

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.1205 SDG (High: 2.1690 / Low: 2.0484). On the other end, October was the most stable month, with a tight range of 0.0087 SDG (High: 2.1674 / Low: 2.1587).

May Spread (Volatile) ±0.1205
October Spread (Stable) ±0.0087

Growth Streaks & Declines

Trends

Between June and October, 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 February and March, when the average rate fell by 0.0229 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0229

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 2.1605) against the same month in 2023 (average: 2.0502), the exchange rate shifted by +0.1103 (+5.38%).

2024 Avg (August) 2.1605
2023 Avg (August) 2.0502

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.1708 2.1316 2.1471
February 2.1736 2.1473 2.1538
March 2.1651 2.0967 2.1309
April 2.1612 2.0997 2.1092
May 2.1690 2.0484 2.1528
June 2.1626 2.0956 2.1314
July 2.1650 2.1035 2.1370
August 2.1747 2.1555 2.1605
September 2.1682 2.1569 2.1616
October 2.1674 2.1587 2.1647
November 2.1690 2.1559 2.1643
December 2.1697 2.1562 2.1629