YEARLY HIGH
8.5828 PKR
YEARLY LOW
7.4852 PKR
YEARLY AVERAGE
7.9055 PKR

2024 THB to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the THB to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 8.5828. Conversely, the yearly low was recorded on April 30, dropping to 7.4852.

This high-to-low spread represents a total annual volatility of 1.0976 PKR. From a start-to-finish perspective, comparing the January average rate of 7.9598 to the December average rate of 8.1425, the exchange rate registered a net change of 2.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 8.5828 was down 2.11% compared to the 2023 peak of 8.7680, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 THB based on timing:

Yearly Peak High 2,145,691 PKR
2023 Average 2,009,330 PKR
Yearly Trough Low 1,871,298 PKR
Transaction Impact: A difference of 274,392.35 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

8.4474
7.4843
JanuMarcMayJulySeptNove

THB 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 7.7083, compared to 8.1028 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3945 points.

H1 Avg (Jan–Jun) 7.7083
H2 Avg (Jul–Dec) 8.1028

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 0.4546 PKR (High: 8.5828 / Low: 8.1282). On the other end, June was the most stable month, with a tight range of 0.1123 PKR (High: 7.6476 / Low: 7.5354).

September Spread (Volatile) ±0.4546
June Spread (Stable) ±0.1123

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 0.2481 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.2481

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 8.3671) against the same month in 2023 (average: 8.3174), the exchange rate shifted by +0.0497 (+0.60%).

2024 Avg (September) 8.3671
2023 Avg (September) 8.3174

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 8.2249 7.8143 7.9598
February 7.9152 7.6642 7.7840
March 7.8898 7.6233 7.7534
April 7.6500 7.4852 7.5646
May 7.7106 7.5269 7.6017
June 7.6476 7.5354 7.5861
July 7.8533 7.5618 7.6822
August 8.2261 7.8263 8.0233
September 8.5828 8.1282 8.3671
October 8.5261 8.2133 8.3249
November 8.2863 7.9525 8.0768
December 8.2506 8.0391 8.1425