2014 PKR to AFN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 PKR to AFN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the PKR to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on June 13, valuing the pair at 0.5906. Conversely, the yearly low was recorded on January 10, dropping to 0.5303.
This high-to-low spread represents a total annual volatility of 0.0604 AFN. From a start-to-finish perspective, comparing the January average rate of 0.5335 to the December average rate of 0.5752, the exchange rate registered a net change of 7.82% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2014 high of 0.5906 was up 5.06% compared to the 2013 peak of 0.5622, indicating shifts in long-term support levels.
Comparing the value generated converting 500,000 PKR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2014.
PKR to AFN 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 0.5638, compared to 0.5653 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0015 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was March, with a trading range of 0.0399 AFN (High: 0.5822 / Low: 0.5423). On the other end, September was the most stable month, with a tight range of 0.0069 AFN (High: 0.5567 / Low: 0.5498).
Growth Streaks & Declines
TrendsBetween January and April, 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 July and August, when the average rate fell by 0.0133 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2014: 0.5827) against the same month in 2013 (average: 0.5549), the exchange rate shifted by +0.0278 (+5.00%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 0.5431 | 0.5303 | 0.5335 |
| February | 0.5451 | 0.5340 | 0.5396 |
| March | 0.5822 | 0.5423 | 0.5685 |
| April | 0.5886 | 0.5761 | 0.5823 |
| May | 0.5792 | 0.5694 | 0.5762 |
| June | 0.5906 | 0.5770 | 0.5827 |
| July | 0.5846 | 0.5668 | 0.5762 |
| August | 0.5759 | 0.5529 | 0.5629 |
| September | 0.5567 | 0.5498 | 0.5538 |
| October | 0.5620 | 0.5532 | 0.5575 |
| November | 0.5721 | 0.5577 | 0.5662 |
| December | 0.5798 | 0.5675 | 0.5752 |