2024 RSD to PKR Historical Review

YEARLY HIGH

2.6644 PKR

YEARLY LOW

2.4616 PKR

YEARLY AVERAGE

2.5732 PKR

2024 RSD to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RSD to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 23, valuing the pair at 2.6644. Conversely, the yearly low was recorded on December 18, dropping to 2.4616.

This high-to-low spread represents a total annual volatility of 0.2028 PKR. From a start-to-finish perspective, comparing the January average rate of 2.6051 to the December average rate of 2.4900, the exchange rate registered a net change of -4.42% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.6644 was down 6.17% compared to the 2023 peak of 2.8397, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 RSD based on timing:

Yearly Peak High 13,322 PKR

2023 Average 12,896 PKR

Yearly Trough Low 12,308 PKR

Transaction Impact: A difference of 1,013.81 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.6564

2.4749

JanuMarcMayJulySeptNove

RSD 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 2.5720, compared to 2.5744 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0024 points.

H1 Avg (Jan–Jun) 2.5720

H2 Avg (Jul–Dec) 2.5744

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.1242 PKR (High: 2.5966 / Low: 2.4724). On the other end, September was the most stable month, with a tight range of 0.0345 PKR (High: 2.6558 / Low: 2.6213).

November Spread (Volatile) ±0.1242

September Spread (Stable) ±0.0345

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 October and November, when the average rate fell by 0.0628 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0628

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 2.6228) against the same month in 2023 (average: 2.7298), the exchange rate shifted by -0.1070 (-3.92%).

2024 Avg (August) 2.6228

2023 Avg (August) 2.7298

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.6333	2.5644	2.6051
February	2.5945	2.5423	2.5698
March	2.6073	2.5590	2.5845
April	2.5767	2.5198	2.5455
May	2.5864	2.5377	2.5680
June	2.5951	2.5387	2.5593
July	2.6030	2.5538	2.5803
August	2.6644	2.5675	2.6228
September	2.6558	2.6213	2.6412
October	2.6232	2.5562	2.5874
November	2.5966	2.4724	2.5246
December	2.5162	2.4616	2.4900