YEARLY HIGH
0.9963 PKR
YEARLY LOW
0.8741 PKR
YEARLY AVERAGE
0.9117 PKR

2014 JMD to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the JMD to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 0.9963. Conversely, the yearly low was recorded on December 21, dropping to 0.8741.

This high-to-low spread represents a total annual volatility of 0.1222 PKR. From a start-to-finish perspective, comparing the January average rate of 0.9913 to the December average rate of 0.8850, the exchange rate registered a net change of -10.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.9963 was down 6.35% compared to the 2013 peak of 1.0638, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,981 PKR
2013 Average 5,090 PKR
Yearly Trough Low 4,371 PKR
Transaction Impact: A difference of 610.78 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.0025
0.8676
JanuMarcMayJulySeptNove

JMD 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 0.9267, compared to 0.8968 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0299 points.

H1 Avg (Jan–Jun) 0.9267
H2 Avg (Jul–Dec) 0.8968

Volatility Range Comparison

Volatility

The most volatile month in 2014 was March, with a trading range of 0.0773 PKR (High: 0.9718 / Low: 0.8945). On the other end, October was the most stable month, with a tight range of 0.0060 PKR (High: 0.9161 / Low: 0.9101).

March Spread (Volatile) ±0.0773
October Spread (Stable) ±0.0060

Growth Streaks & Declines

Trends

Between July and October, 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 February and March, when the average rate fell by 0.0559 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0559

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 0.9913) against the same month in 2013 (average: 1.0533), the exchange rate shifted by -0.0620 (-5.88%).

2014 Avg (January) 0.9913
2013 Avg (January) 1.0533

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9963 0.9837 0.9913
February 0.9847 0.9721 0.9779
March 0.9718 0.8945 0.9220
April 0.8989 0.8782 0.8905
May 0.8993 0.8890 0.8929
June 0.8898 0.8826 0.8855
July 0.8835 0.8760 0.8789
August 0.9050 0.8774 0.8889
September 0.9142 0.9059 0.9104
October 0.9161 0.9101 0.9140
November 0.9139 0.8981 0.9035
December 0.8991 0.8741 0.8850