2024 XCD to PKR Historical Review

YEARLY HIGH

104.3274 PKR

YEARLY LOW

102.3084 PKR

YEARLY AVERAGE

103.0251 PKR

2024 XCD to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the XCD to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 104.3274. Conversely, the yearly low was recorded on February 10, dropping to 102.3084.

This high-to-low spread represents a total annual volatility of 2.0190 PKR. From a start-to-finish perspective, comparing the January average rate of 103.5766 to the December average rate of 102.9005, the exchange rate registered a net change of -0.65% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 104.3274 was down 8.49% compared to the 2023 peak of 114.0029, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 521,637 PKR

2023 Average 517,085 PKR

Yearly Trough Low 511,542 PKR

Transaction Impact: A difference of 10,095.10 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

103.6526

102.7404

JanuMarcMayJulySeptNove

XCD 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 103.1315, compared to 102.9188 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2128 points.

H1 Avg (Jan–Jun) 103.1315

H2 Avg (Jul–Dec) 102.9188

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 1.8864 PKR (High: 104.3274 / Low: 102.4410). On the other end, October was the most stable month, with a tight range of 0.4129 PKR (High: 103.1027 / Low: 102.6898).

January Spread (Volatile) ±1.8864

October Spread (Stable) ±0.4129

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 0.3386 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.3386

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 103.5766) against the same month in 2023 (average: 86.4887), the exchange rate shifted by +17.0878 (+19.76%).

2024 Avg (January) 103.5766

2023 Avg (January) 86.4887

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	104.3274	102.4410	103.5766
February	103.5041	102.3084	103.2379
March	103.4208	102.7116	103.0983
April	103.2677	102.6077	102.8884
May	103.1679	102.5289	102.9549
June	103.4709	102.8230	103.0331
July	103.1803	102.7167	102.9794
August	103.2556	102.3452	103.0153
September	103.1901	102.6493	102.9640
October	103.1027	102.6898	102.8164
November	103.2378	102.6144	102.8369
December	103.2227	102.5820	102.9005