2024 PKR to SYP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 PKR to SYP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the PKR to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 46.8992. Conversely, the yearly low was recorded on January 2, dropping to 8.9113.
This high-to-low spread represents a total annual volatility of 37.9879 SYP. From a start-to-finish perspective, comparing the January average rate of 8.9761 to the December average rate of 22.4141, the exchange rate registered a net change of 149.71% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 46.8992 was up 323.07% compared to the 2023 peak of 11.0855, indicating shifts in long-term support levels.
Comparing the value generated converting 500,000 PKR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
PKR to SYP Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 9.0147, compared to 11.2631 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.2484 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was December, with a trading range of 37.8730 SYP (High: 46.8992 / Low: 9.0262). On the other end, October was the most stable month, with a tight range of 0.0363 SYP (High: 9.0534 / Low: 9.0171).
Growth Streaks & Declines
TrendsBetween 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 0.0069 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 22.4141) against the same month in 2023 (average: 8.9092), the exchange rate shifted by +13.5048 (+151.58%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 9.0754 | 8.9113 | 8.9761 |
| February | 9.0871 | 8.9821 | 9.0054 |
| March | 9.0514 | 8.9894 | 9.0175 |
| April | 9.0606 | 9.0027 | 9.0359 |
| May | 9.0676 | 9.0114 | 9.0301 |
| June | 9.0416 | 8.9850 | 9.0232 |
| July | 9.0510 | 9.0103 | 9.0279 |
| August | 9.0839 | 9.0038 | 9.0248 |
| September | 9.0569 | 9.0095 | 9.0293 |
| October | 9.0534 | 9.0171 | 9.0422 |
| November | 9.0600 | 9.0053 | 9.0404 |
| December | 46.8992 | 9.0262 | 22.4141 |