YEARLY HIGH
75.8408 SLL
YEARLY LOW
74.3731 SLL
YEARLY AVERAGE
75.3138 SLL

2024 PKR to SLL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PKR to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on February 10, valuing the pair at 75.8408. Conversely, the yearly low was recorded on January 2, dropping to 74.3731.

This high-to-low spread represents a total annual volatility of 1.4677 SLL. From a start-to-finish perspective, comparing the January average rate of 74.9141 to the December average rate of 75.4046, the exchange rate registered a net change of 0.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 75.8408 was down 2.69% compared to the 2023 peak of 77.9393, 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 37,920,422 SLL
2023 Average 34,205,844 SLL
Yearly Trough Low 37,186,558 SLL
Transaction Impact: A difference of 733,863.79 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

75.5214
74.8589
JanuMarcMayJulySeptNove

PKR to SLL 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 75.2364, compared to 75.3912 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1548 points.

H1 Avg (Jan–Jun) 75.2364
H2 Avg (Jul–Dec) 75.3912

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 1.3695 SLL (High: 75.7427 / Low: 74.3731). On the other end, October was the most stable month, with a tight range of 0.3026 SLL (High: 75.5591 / Low: 75.2565).

January Spread (Volatile) ±1.3695
October Spread (Stable) ±0.3026

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 May and June, when the average rate fell by 0.0573 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0573

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 75.1588) against the same month in 2023 (average: 66.5761), the exchange rate shifted by +8.5827 (+12.89%).

2024 Avg (February) 75.1588
2023 Avg (February) 66.5761

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 75.7427 74.3731 74.9141
February 75.8408 74.9647 75.1588
March 75.5431 75.0250 75.2601
April 75.6196 75.1363 75.4135
May 75.6777 75.2090 75.3648
June 75.4613 74.9887 75.3075
July 75.5394 75.1999 75.3467
August 75.8135 75.1451 75.3208
September 75.5889 75.1928 75.3581
October 75.5591 75.2565 75.4662
November 75.6146 75.1580 75.4512
December 75.6386 75.1691 75.4046