YEARLY HIGH
0.4758 PKR
YEARLY LOW
0.4390 PKR
YEARLY AVERAGE
0.4593 PKR

2024 XAF to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the XAF to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 23, valuing the pair at 0.4758. Conversely, the yearly low was recorded on December 18, dropping to 0.4390.

This high-to-low spread represents a total annual volatility of 0.0369 PKR. From a start-to-finish perspective, comparing the January average rate of 0.4656 to the December average rate of 0.4440, the exchange rate registered a net change of -4.64% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4758 was down 6.27% compared to the 2023 peak of 0.5077, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,379 PKR
2023 Average 2,306 PKR
Yearly Trough Low 2,195 PKR
Transaction Impact: A difference of 184.35 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4740
0.4412
JanuMarcMayJulySeptNove

XAF 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 0.4594, compared to 0.4593 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.4594
H2 Avg (Jul–Dec) 0.4593

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0221 PKR (High: 0.4633 / Low: 0.4412). On the other end, September was the most stable month, with a tight range of 0.0065 PKR (High: 0.4741 / Low: 0.4676).

November Spread (Volatile) ±0.0221
September Spread (Stable) ±0.0065

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 0.0113 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0113

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.4679) against the same month in 2023 (average: 0.4881), the exchange rate shifted by -0.0201 (-4.13%).

2024 Avg (August) 0.4679
2023 Avg (August) 0.4881

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4707 0.4582 0.4656
February 0.4635 0.4541 0.4591
March 0.4658 0.4569 0.4618
April 0.4601 0.4503 0.4545
May 0.4619 0.4550 0.4587
June 0.4633 0.4530 0.4568
July 0.4644 0.4557 0.4605
August 0.4758 0.4581 0.4679
September 0.4741 0.4676 0.4713
October 0.4681 0.4564 0.4616
November 0.4633 0.4412 0.4503
December 0.4486 0.4390 0.4440