YEARLY HIGH
0.6634 PKR
YEARLY LOW
0.5433 PKR
YEARLY AVERAGE
0.6126 PKR

2014 NGN to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the NGN to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 0.6634. Conversely, the yearly low was recorded on December 23, dropping to 0.5433.

This high-to-low spread represents a total annual volatility of 0.1201 PKR. From a start-to-finish perspective, comparing the January average rate of 0.6587 to the December average rate of 0.5541, the exchange rate registered a net change of -15.89% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.6634 was down 3.29% compared to the 2013 peak of 0.6860, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 NGN based on timing:

Yearly Peak High 663,416 PKR
2013 Average 637,646 PKR
Yearly Trough Low 543,272 PKR
Transaction Impact: A difference of 120,143.24 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.6692
0.5436
JanuMarcMayJulySeptNove

NGN 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 0.6208, compared to 0.6044 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0164 points.

H1 Avg (Jan–Jun) 0.6208
H2 Avg (Jul–Dec) 0.6044

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 0.0516 PKR (High: 0.6219 / Low: 0.5703). On the other end, September was the most stable month, with a tight range of 0.0047 PKR (High: 0.6309 / Low: 0.6263).

November Spread (Volatile) ±0.0516
September Spread (Stable) ±0.0047

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 November and December, when the average rate fell by 0.0401 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0401

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 0.6587) against the same month in 2013 (average: 0.6220), the exchange rate shifted by +0.0367 (+5.91%).

2014 Avg (January) 0.6587
2013 Avg (January) 0.6220

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6634 0.6476 0.6587
February 0.6495 0.6335 0.6416
March 0.6381 0.5912 0.6084
April 0.6134 0.5953 0.6016
May 0.6219 0.6057 0.6101
June 0.6073 0.6014 0.6043
July 0.6102 0.6050 0.6084
August 0.6285 0.6074 0.6174
September 0.6309 0.6263 0.6283
October 0.6266 0.6219 0.6240
November 0.6219 0.5703 0.5941
December 0.5634 0.5433 0.5541