YEARLY HIGH
0.0049 SGD
YEARLY LOW
0.0046 SGD
YEARLY AVERAGE
0.0048 SGD

2024 PKR to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PKR to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 13, valuing the pair at 0.0049. Conversely, the yearly low was recorded on September 28, dropping to 0.0046.

This high-to-low spread represents a total annual volatility of 0.0003 SGD. From a start-to-finish perspective, comparing the January average rate of 0.0048 to the December average rate of 0.0049, the exchange rate registered a net change of 1.80% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0049 was down 17.23% compared to the 2023 peak of 0.0059, 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 2,454 SGD
2023 Average 2,411 SGD
Yearly Trough Low 2,304 SGD
Transaction Impact: A difference of 149.53 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0049
0.0046
JanuMarcMayJulySeptNove

PKR to SGD 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 0.0048, compared to 0.0048 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0048
H2 Avg (Jul–Dec) 0.0048

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0001 SGD (High: 0.0048 / Low: 0.0047). On the other end, June was the most stable month, with a tight range of 0.0001 SGD (High: 0.0049 / Low: 0.0048).

January Spread (Volatile) ±0.0001
June Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between September and December, 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 0.0001 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0049) against the same month in 2023 (average: 0.0047), the exchange rate shifted by +0.0002 (+3.95%).

2024 Avg (April) 0.0049
2023 Avg (April) 0.0047

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0048 0.0047 0.0048
February 0.0049 0.0048 0.0048
March 0.0049 0.0048 0.0048
April 0.0049 0.0048 0.0049
May 0.0049 0.0048 0.0049
June 0.0049 0.0048 0.0049
July 0.0049 0.0048 0.0048
August 0.0048 0.0047 0.0047
September 0.0047 0.0046 0.0047
October 0.0048 0.0046 0.0047
November 0.0049 0.0047 0.0048
December 0.0049 0.0048 0.0049