YEARLY HIGH
17.4625 PKR
YEARLY LOW
13.4836 PKR
YEARLY AVERAGE
16.0768 PKR

2014 NOK to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the NOK to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 1, valuing the pair at 17.4625. Conversely, the yearly low was recorded on December 28, dropping to 13.4836.

This high-to-low spread represents a total annual volatility of 3.9789 PKR. From a start-to-finish perspective, comparing the January average rate of 17.1356 to the December average rate of 13.8162, the exchange rate registered a net change of -19.37% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 17.4625 was down 3.45% compared to the 2013 peak of 18.0862, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 87,313 PKR
2013 Average 86,369 PKR
Yearly Trough Low 67,418 PKR
Transaction Impact: A difference of 19,894.44 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

17.4938
13.4819
JanuMarcMayJulySeptNove

NOK 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 16.7065, compared to 15.4471 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.2593 points.

H1 Avg (Jan–Jun) 16.7065
H2 Avg (Jul–Dec) 15.4471

Volatility Range Comparison

Volatility

The most volatile month in 2014 was March, with a trading range of 1.2831 PKR (High: 17.4625 / Low: 16.1794). On the other end, May was the most stable month, with a tight range of 0.1822 PKR (High: 16.7042 / Low: 16.5220).

March Spread (Volatile) ±1.2831
May Spread (Stable) ±0.1822

Growth Streaks & Declines

Trends

Between 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 November and December, when the average rate fell by 1.1310 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.1310

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2014: 16.7024) against the same month in 2013 (average: 16.9922), the exchange rate shifted by -0.2898 (-1.71%).

2014 Avg (March) 16.7024
2013 Avg (March) 16.9922

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 17.3665 16.8407 17.1356
February 17.4607 16.7905 17.1594
March 17.4625 16.1794 16.7024
April 16.5475 16.1379 16.3125
May 16.7042 16.5220 16.6102
June 16.5577 16.0542 16.3186
July 16.0622 15.7278 15.9382
August 16.4857 15.7398 16.1404
September 16.5098 15.9418 16.1464
October 15.9149 15.2871 15.6944
November 15.2485 14.4942 14.9472
December 14.6509 13.4836 13.8162