YEARLY HIGH
2.2780 XAF
YEARLY LOW
2.1015 XAF
YEARLY AVERAGE
2.1776 XAF

2024 PKR to XAF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PKR to XAF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 2.2780. Conversely, the yearly low was recorded on August 23, dropping to 2.1015.

This high-to-low spread represents a total annual volatility of 0.1765 XAF. From a start-to-finish perspective, comparing the January average rate of 2.1480 to the December average rate of 2.2525, the exchange rate registered a net change of 4.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.2780 was down 17.02% compared to the 2023 peak of 2.7453, 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 1,139,025 XAF
2023 Average 1,088,947 XAF
Yearly Trough Low 1,050,767 XAF
Transaction Impact: A difference of 88,257.48 XAF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.2656
2.1087
JanuMarcMayJulySeptNove

PKR to XAF 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 2.1769, compared to 2.1784 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 2.1769
H2 Avg (Jul–Dec) 2.1784

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.1079 XAF (High: 2.2665 / Low: 2.1586). On the other end, September was the most stable month, with a tight range of 0.0292 XAF (High: 2.1386 / Low: 2.1094).

November Spread (Volatile) ±0.1079
September Spread (Stable) ±0.0292

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 0.0341 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0341

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 2.2525) against the same month in 2023 (average: 2.1294), the exchange rate shifted by +0.1231 (+5.78%).

2024 Avg (December) 2.2525
2023 Avg (December) 2.1294

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.1825 2.1245 2.1480
February 2.2022 2.1574 2.1780
March 2.1889 2.1469 2.1656
April 2.2209 2.1734 2.2004
May 2.1976 2.1649 2.1802
June 2.2074 2.1582 2.1890
July 2.1943 2.1531 2.1714
August 2.1827 2.1015 2.1374
September 2.1386 2.1094 2.1218
October 2.1911 2.1362 2.1664
November 2.2665 2.1586 2.2210
December 2.2780 2.2291 2.2525