2024 PKR to TRY Historical Review

YEARLY HIGH

0.1270 TRY

YEARLY LOW

0.1055 TRY

YEARLY AVERAGE

0.1181 TRY

2024 PKR to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PKR to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.1270. Conversely, the yearly low was recorded on January 2, dropping to 0.1055.

This high-to-low spread represents a total annual volatility of 0.0215 TRY. From a start-to-finish perspective, comparing the January average rate of 0.1075 to the December average rate of 0.1259, the exchange rate registered a net change of 17.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1270 was up 19.85% compared to the 2023 peak of 0.1059, 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 63,487 TRY

2023 Average 42,558 TRY

Yearly Trough Low 52,761 TRY

Transaction Impact: A difference of 10,726.67 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1277

0.1057

JanuMarcMayJulySeptNove

PKR to TRY 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 0.1137, compared to 0.1225 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0088 points.

H1 Avg (Jan–Jun) 0.1137

H2 Avg (Jul–Dec) 0.1225

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0045 TRY (High: 0.1168 / Low: 0.1123). On the other end, October was the most stable month, with a tight range of 0.0006 TRY (High: 0.1235 / Low: 0.1229).

March Spread (Volatile) ±0.0045

October Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0004 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.1259) against the same month in 2023 (average: 0.1032), the exchange rate shifted by +0.0227 (+21.98%).

2024 Avg (December) 0.1259

2023 Avg (December) 0.1032

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1094	0.1055	0.1075
February	0.1127	0.1089	0.1104
March	0.1168	0.1123	0.1151
April	0.1174	0.1150	0.1164
May	0.1166	0.1154	0.1160
June	0.1183	0.1155	0.1171
July	0.1192	0.1169	0.1183
August	0.1229	0.1189	0.1211
September	0.1232	0.1217	0.1224
October	0.1235	0.1229	0.1233
November	0.1250	0.1231	0.1240
December	0.1270	0.1248	0.1259