YEARLY HIGH
33.6311 PKR
YEARLY LOW
31.9087 PKR
YEARLY AVERAGE
33.0559 PKR

2024 SBD to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SBD to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 6, valuing the pair at 33.6311. Conversely, the yearly low was recorded on March 12, dropping to 31.9087.

This high-to-low spread represents a total annual volatility of 1.7224 PKR. From a start-to-finish perspective, comparing the January average rate of 33.2421 to the December average rate of 33.1884, the exchange rate registered a net change of -0.16% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 33.6311 was down 8.64% compared to the 2023 peak of 36.8120, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 168,155 PKR
2023 Average 167,415 PKR
Yearly Trough Low 159,543 PKR
Transaction Impact: A difference of 8,612.14 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

33.5148
32.7260
JanuMarcMayJulySeptNove

SBD 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 32.9424, compared to 33.1694 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2269 points.

H1 Avg (Jan–Jun) 32.9424
H2 Avg (Jul–Dec) 33.1694

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 1.2840 PKR (High: 33.1927 / Low: 31.9087). On the other end, May was the most stable month, with a tight range of 0.1945 PKR (High: 32.8734 / Low: 32.6790).

March Spread (Volatile) ±1.2840
May Spread (Stable) ±0.1945

Growth Streaks & Declines

Trends

Between May and July, 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 0.2360 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.2360

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 33.4490) against the same month in 2023 (average: 33.1301), the exchange rate shifted by +0.3189 (+0.96%).

2024 Avg (October) 33.4490
2023 Avg (October) 33.1301

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 33.5324 32.8516 33.2421
February 33.2671 32.7173 33.0061
March 33.1927 31.9087 32.9128
April 33.0147 32.5772 32.7947
May 32.8734 32.6790 32.7917
June 33.0118 32.7580 32.9073
July 33.1779 32.7880 32.9378
August 33.1254 32.5774 32.8344
September 33.5093 32.8705 33.3646
October 33.6311 33.2647 33.4490
November 33.4874 33.0514 33.2420
December 33.3315 33.0686 33.1884