YEARLY HIGH
73.2249 PKR
YEARLY LOW
60.5513 PKR
YEARLY AVERAGE
69.9511 PKR

2024 PLN to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PLN to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 24, valuing the pair at 73.2249. Conversely, the yearly low was recorded on January 1, dropping to 60.5513.

This high-to-low spread represents a total annual volatility of 12.6736 PKR. From a start-to-finish perspective, comparing the January average rate of 69.6871 to the December average rate of 68.2128, the exchange rate registered a net change of -2.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 73.2249 was down 1.73% compared to the 2023 peak of 74.5107, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 PLN based on timing:

Yearly Peak High 1,464,498 PKR
2023 Average 1,334,438 PKR
Yearly Trough Low 1,211,026 PKR
Transaction Impact: A difference of 253,472.09 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

72.6912
67.7631
JanuMarcMayJulySeptNove

PLN to PKR 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 69.7511, compared to 70.1510 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3999 points.

H1 Avg (Jan–Jun) 69.7511
H2 Avg (Jul–Dec) 70.1510

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 10.6140 PKR (High: 71.1653 / Low: 60.5513). On the other end, September was the most stable month, with a tight range of 1.5721 PKR (High: 73.0842 / Low: 71.5122).

January Spread (Volatile) ±10.6140
September Spread (Stable) ±1.5721

Growth Streaks & Declines

Trends

Between June and September, 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 September and October, when the average rate fell by 2.1381 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -2.1381

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 71.5411) against the same month in 2023 (average: 71.7997), the exchange rate shifted by -0.2586 (-0.36%).

2024 Avg (August) 71.5411
2023 Avg (August) 71.7997

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 71.1653 60.5513 69.6871
February 70.4363 68.6302 69.6376
March 71.3302 69.5003 70.3124
April 70.7583 67.7197 69.2779
May 71.1334 68.9746 70.2448
June 71.1265 67.9153 69.3469
July 71.2665 69.2431 70.5554
August 73.2249 69.8515 71.5411
September 73.0842 71.5122 72.2805
October 71.6025 68.8814 70.1424
November 69.7677 66.7163 68.1738
December 69.0041 67.3801 68.2128