YEARLY HIGH
32.2377 PKR
YEARLY LOW
31.6288 PKR
YEARLY AVERAGE
31.8259 PKR

2024 SVC to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SVC to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 32.2377. Conversely, the yearly low was recorded on February 10, dropping to 31.6288.

This high-to-low spread represents a total annual volatility of 0.6089 PKR. From a start-to-finish perspective, comparing the January average rate of 31.9962 to the December average rate of 31.7917, 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 32.2377 was down 8.33% compared to the 2023 peak of 35.1671, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 161,189 PKR
2023 Average 159,782 PKR
Yearly Trough Low 158,144 PKR
Transaction Impact: A difference of 3,044.66 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

32.0223
31.7093
JanuMarcMayJulySeptNove

SVC 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 31.8617, compared to 31.7900 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0716 points.

H1 Avg (Jan–Jun) 31.8617
H2 Avg (Jul–Dec) 31.7900

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.5519 PKR (High: 32.2377 / Low: 31.6858). On the other end, December was the most stable month, with a tight range of 0.0999 PKR (High: 31.8429 / Low: 31.7430).

January Spread (Volatile) ±0.5519
December Spread (Stable) ±0.0999

Growth Streaks & Declines

Trends

Between 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 0.1151 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1151

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 31.9962) against the same month in 2023 (average: 26.7124), the exchange rate shifted by +5.2838 (+19.78%).

2024 Avg (January) 31.9962
2023 Avg (January) 26.7124

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 32.2377 31.6858 31.9962
February 32.0123 31.6288 31.8810
March 31.9578 31.7602 31.8623
April 31.8624 31.7519 31.7981
May 31.9194 31.6689 31.8095
June 31.8692 31.7481 31.8229
July 31.8729 31.7245 31.8130
August 31.9040 31.8035 31.8467
September 31.8740 31.7326 31.7965
October 31.8170 31.6900 31.7354
November 31.8917 31.7074 31.7570
December 31.8429 31.7430 31.7917