YEARLY HIGH
1.1267 PKR
YEARLY LOW
1.1043 PKR
YEARLY AVERAGE
1.1125 PKR

2024 YER to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the YER to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 1.1267. Conversely, the yearly low was recorded on February 10, dropping to 1.1043.

This high-to-low spread represents a total annual volatility of 0.0224 PKR. From a start-to-finish perspective, comparing the January average rate of 1.1181 to the December average rate of 1.1121, the exchange rate registered a net change of -0.54% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.1267 was down 8.45% compared to the 2023 peak of 1.2307, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,633 PKR
2023 Average 5,583 PKR
Yearly Trough Low 5,522 PKR
Transaction Impact: A difference of 111.78 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.1190
1.1091
JanuMarcMayJulySeptNove

YER 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 1.1134, compared to 1.1116 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0018 points.

H1 Avg (Jan–Jun) 1.1134
H2 Avg (Jul–Dec) 1.1116

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0209 PKR (High: 1.1267 / Low: 1.1057). On the other end, October was the most stable month, with a tight range of 0.0046 PKR (High: 1.1132 / Low: 1.1087).

January Spread (Volatile) ±0.0209
October Spread (Stable) ±0.0046

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 0.0034 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0034

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 1.1181) against the same month in 2023 (average: 0.9337), the exchange rate shifted by +0.1844 (+19.75%).

2024 Avg (January) 1.1181
2023 Avg (January) 0.9337

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.1267 1.1057 1.1181
February 1.1233 1.1043 1.1147
March 1.1165 1.1088 1.1129
April 1.1151 1.1077 1.1106
May 1.1150 1.1088 1.1119
June 1.1166 1.1100 1.1122
July 1.1140 1.1088 1.1117
August 1.1148 1.1048 1.1121
September 1.1139 1.1084 1.1116
October 1.1132 1.1087 1.1099
November 1.1168 1.1079 1.1120
December 1.1164 1.1088 1.1121