2014 ETB to PKR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 ETB to PKR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the ETB to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 5.5461. Conversely, the yearly low was recorded on April 14, dropping to 4.9448.
This high-to-low spread represents a total annual volatility of 0.6013 PKR. From a start-to-finish perspective, comparing the January average rate of 5.5028 to the December average rate of 4.9982, the exchange rate registered a net change of -9.17% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2014 high of 5.5461 was down 2.65% compared to the 2013 peak of 5.6973, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ETB based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2014.
ETB to PKR Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 5.2105, compared to 5.0668 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1438 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was March, with a trading range of 0.3770 PKR (High: 5.4351 / Low: 5.0581). On the other end, May was the most stable month, with a tight range of 0.0296 PKR (High: 5.0695 / Low: 5.0399).
Growth Streaks & Declines
TrendsBetween July and September, 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 February and March, when the average rate fell by 0.2688 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2014: 5.4633) against the same month in 2013 (average: 5.3300), the exchange rate shifted by +0.1333 (+2.50%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 5.5232 | 5.4844 | 5.5028 |
| February | 5.5461 | 5.4339 | 5.4633 |
| March | 5.4351 | 5.0581 | 5.1945 |
| April | 5.0666 | 4.9448 | 5.0159 |
| May | 5.0695 | 5.0399 | 5.0557 |
| June | 5.0468 | 5.0159 | 5.0310 |
| July | 5.0315 | 4.9913 | 5.0045 |
| August | 5.1270 | 4.9908 | 5.0453 |
| September | 5.1692 | 5.1179 | 5.1420 |
| October | 5.1541 | 5.1186 | 5.1346 |
| November | 5.1251 | 5.0516 | 5.0759 |
| December | 5.0637 | 4.9487 | 4.9982 |