2024 PKR to SRD Historical Review

YEARLY HIGH

0.1331 SRD

YEARLY LOW

0.1029 SRD

YEARLY AVERAGE

0.1190 SRD

2024 PKR to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PKR to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 18, valuing the pair at 0.1331. Conversely, the yearly low was recorded on August 13, dropping to 0.1029.

This high-to-low spread represents a total annual volatility of 0.0302 SRD. From a start-to-finish perspective, comparing the January average rate of 0.1311 to the December average rate of 0.1266, the exchange rate registered a net change of -3.38% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1331 was down 5.66% compared to the 2023 peak of 0.1410, 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 66,531 SRD

2023 Average 65,547 SRD

Yearly Trough Low 51,440 SRD

Transaction Impact: A difference of 15,090.31 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1338

0.1007

JanuMarcMayJulySeptNove

PKR to SRD 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 0.1236, compared to 0.1145 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0090 points.

H1 Avg (Jan–Jun) 0.1236

H2 Avg (Jul–Dec) 0.1145

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0132 SRD (High: 0.1237 / Low: 0.1106). On the other end, August was the most stable month, with a tight range of 0.0014 SRD (High: 0.1043 / Low: 0.1029).

October Spread (Volatile) ±0.0132

August Spread (Stable) ±0.0014

Growth Streaks & Declines

Trends

Between August and December, 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 April and May, when the average rate fell by 0.0073 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0073

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.1311) against the same month in 2023 (average: 0.1364), the exchange rate shifted by -0.0053 (-3.89%).

2024 Avg (January) 0.1311

2023 Avg (January) 0.1364

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1331	0.1292	0.1311
February	0.1320	0.1263	0.1296
March	0.1272	0.1253	0.1264
April	0.1263	0.1214	0.1245
May	0.1214	0.1154	0.1172
June	0.1157	0.1100	0.1126
July	0.1108	0.1036	0.1067
August	0.1043	0.1029	0.1034
September	0.1106	0.1036	0.1068
October	0.1237	0.1106	0.1170
November	0.1278	0.1237	0.1266
December	0.1275	0.1259	0.1266