2024 SCR to PKR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 SCR to PKR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the SCR to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 27, valuing the pair at 21.7112. Conversely, the yearly low was recorded on December 15, dropping to 18.4100.
This high-to-low spread represents a total annual volatility of 3.3011 PKR. From a start-to-finish perspective, comparing the January average rate of 20.9194 to the December average rate of 19.7149, the exchange rate registered a net change of -5.76% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 21.7112 was down 8.97% compared to the 2023 peak of 23.8514, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SCR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
SCR 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 20.5257, compared to 20.2283 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2974 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was August, with a trading range of 3.2948 PKR (High: 21.7112 / Low: 18.4164). On the other end, May was the most stable month, with a tight range of 0.6383 PKR (High: 20.7303 / Low: 20.0920).
Growth Streaks & Declines
TrendsBetween 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 November and December, when the average rate fell by 0.5034 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2024: 20.2864) against the same month in 2023 (average: 21.9469), the exchange rate shifted by -1.6604 (-7.57%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 21.4345 | 20.2939 | 20.9194 |
| February | 21.1845 | 20.2114 | 20.7327 |
| March | 20.9032 | 19.6002 | 20.5016 |
| April | 20.7274 | 19.3423 | 20.4619 |
| May | 20.7303 | 20.0920 | 20.3750 |
| June | 20.5376 | 18.9505 | 20.1638 |
| July | 20.6078 | 19.7053 | 20.1753 |
| August | 21.7112 | 18.4164 | 20.2864 |
| September | 21.6797 | 19.9054 | 20.6958 |
| October | 21.2369 | 18.4631 | 20.2788 |
| November | 20.7441 | 19.4365 | 20.2184 |
| December | 20.8794 | 18.4100 | 19.7149 |