2024 SGD to PKR Historical Review

YEARLY HIGH

216.9701 PKR

YEARLY LOW

203.7491 PKR

YEARLY AVERAGE

208.3754 PKR

2024 SGD to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SGD to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 216.9701. Conversely, the yearly low was recorded on April 13, dropping to 203.7491.

This high-to-low spread represents a total annual volatility of 13.2209 PKR. From a start-to-finish perspective, comparing the January average rate of 209.5493 to the December average rate of 205.8378, the exchange rate registered a net change of -1.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 216.9701 was down 4.16% compared to the 2023 peak of 226.3924, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,084,850 PKR

2023 Average 1,040,422 PKR

Yearly Trough Low 1,018,746 PKR

Transaction Impact: A difference of 66,104.71 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

215.7703

203.8659

JanuMarcMayJulySeptNove

SGD 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 206.9037, compared to 209.8471 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.9433 points.

H1 Avg (Jan–Jun) 206.9037

H2 Avg (Jul–Dec) 209.8471

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 5.8905 PKR (High: 212.5679 / Low: 206.6773). On the other end, June was the most stable month, with a tight range of 2.1614 PKR (High: 207.1073 / Low: 204.9459).

January Spread (Volatile) ±5.8905

June Spread (Stable) ±2.1614

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 4.0232 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -4.0232

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 214.7783) against the same month in 2023 (average: 218.3807), the exchange rate shifted by -3.6024 (-1.65%).

2024 Avg (September) 214.7783

2023 Avg (September) 218.3807

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	212.5679	206.6773	209.5493
February	209.1718	205.4110	207.4246
March	209.8713	205.6934	207.7287
April	206.6826	203.7491	204.8580
May	207.0585	204.6976	205.9832
June	207.1073	204.9459	205.8787
July	208.6349	205.0522	206.8082
August	214.2161	208.4148	211.6463
September	216.9701	213.1426	214.7783
October	215.4258	209.8414	212.0176
November	211.5762	206.0504	207.9944
December	207.6774	203.7693	205.8378