2024 QAR to PKR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 QAR to PKR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the QAR to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 77.4482. Conversely, the yearly low was recorded on June 8, dropping to 75.8361.
This high-to-low spread represents a total annual volatility of 1.6121 PKR. From a start-to-finish perspective, comparing the January average rate of 76.8342 to the December average rate of 76.3402, the exchange rate registered a net change of -0.64% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 77.4482 was down 8.42% compared to the 2023 peak of 84.5701, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 QAR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
QAR to PKR 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 76.5070, compared to 76.3577 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1493 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was January, with a trading range of 1.4349 PKR (High: 77.4482 / Low: 76.0133). On the other end, November was the most stable month, with a tight range of 0.2514 PKR (High: 76.4145 / Low: 76.1631).
Growth Streaks & Declines
TrendsBetween April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.2606 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2024: 76.8342) against the same month in 2023 (average: 64.1422), the exchange rate shifted by +12.6919 (+19.79%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 77.4482 | 76.0133 | 76.8342 |
| February | 76.8370 | 75.8528 | 76.5735 |
| March | 76.7699 | 76.2193 | 76.5104 |
| April | 76.5417 | 76.1214 | 76.3357 |
| May | 76.5067 | 76.1935 | 76.3729 |
| June | 76.5402 | 75.8361 | 76.4153 |
| July | 76.5861 | 76.1985 | 76.3760 |
| August | 77.2082 | 76.2018 | 76.5137 |
| September | 76.5456 | 76.1886 | 76.3879 |
| October | 76.4133 | 76.1084 | 76.2321 |
| November | 76.4145 | 76.1631 | 76.2965 |
| December | 76.5469 | 76.2392 | 76.3402 |