2024 PKR to YER Historical Review

YEARLY HIGH

0.9055 YER

YEARLY LOW

0.8876 YER

YEARLY AVERAGE

0.8989 YER

2024 PKR to YER Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PKR to YER exchange rate experienced significant fluctuation. The market reached its absolute peak on February 10, valuing the pair at 0.9055. Conversely, the yearly low was recorded on January 2, dropping to 0.8876.

This high-to-low spread represents a total annual volatility of 0.0180 YER. From a start-to-finish perspective, comparing the January average rate of 0.8944 to the December average rate of 0.8992, the exchange rate registered a net change of 0.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.9055 was down 18.00% compared to the 2023 peak of 1.1043, 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 452,768 YER

2023 Average 449,621 YER

Yearly Trough Low 443,784 YER

Transaction Impact: A difference of 8,984.07 YER purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.9016

0.8937

JanuMarcMayJulySeptNove

PKR to YER 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 0.8982, compared to 0.8996 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) 0.8982

H2 Avg (Jul–Dec) 0.8996

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0168 YER (High: 0.9044 / Low: 0.8876). On the other end, October was the most stable month, with a tight range of 0.0037 YER (High: 0.9020 / Low: 0.8983).

January Spread (Volatile) ±0.0168

October Spread (Stable) ±0.0037

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 October and November, when the average rate fell by 0.0017 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0017

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.8971) against the same month in 2023 (average: 0.9435), the exchange rate shifted by -0.0464 (-4.92%).

2024 Avg (February) 0.8971

2023 Avg (February) 0.9435

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9044	0.8876	0.8944
February	0.9055	0.8903	0.8971
March	0.9019	0.8956	0.8985
April	0.9028	0.8968	0.9004
May	0.9019	0.8968	0.8994
June	0.9009	0.8955	0.8992
July	0.9018	0.8977	0.8995
August	0.9051	0.8971	0.8992
September	0.9022	0.8977	0.8996
October	0.9020	0.8983	0.9010
November	0.9026	0.8954	0.8992
December	0.9019	0.8957	0.8992