YEARLY HIGH
0.9004 CVE
YEARLY LOW
0.7569 CVE
YEARLY AVERAGE
0.8195 CVE

2014 PKR to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the PKR to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.9004. Conversely, the yearly low was recorded on January 1, dropping to 0.7569.

This high-to-low spread represents a total annual volatility of 0.1435 CVE. From a start-to-finish perspective, comparing the January average rate of 0.7655 to the December average rate of 0.8851, the exchange rate registered a net change of 15.63% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.9004 was up 2.80% compared to the 2013 peak of 0.8759, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 PKR based on timing:

Yearly Peak High 450,223 CVE
2013 Average 409,094 CVE
Yearly Trough Low 378,456 CVE
Transaction Impact: A difference of 71,766.47 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.8972
0.7524
JanuMarcMayJulySeptNove

PKR to CVE 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 0.7944, compared to 0.8446 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0501 points.

H1 Avg (Jan–Jun) 0.7944
H2 Avg (Jul–Dec) 0.8446

Volatility Range Comparison

Volatility

The most volatile month in 2014 was March, with a trading range of 0.0586 CVE (High: 0.8172 / Low: 0.7586). On the other end, June was the most stable month, with a tight range of 0.0116 CVE (High: 0.8245 / Low: 0.8129).

March Spread (Volatile) ±0.0586
June Spread (Stable) ±0.0116

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0051 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0051

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.8851) against the same month in 2013 (average: 0.7505), the exchange rate shifted by +0.1347 (+17.95%).

2014 Avg (December) 0.8851
2013 Avg (December) 0.7505

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7723 0.7569 0.7655
February 0.7720 0.7581 0.7644
March 0.8172 0.7586 0.7923
April 0.8262 0.8044 0.8150
May 0.8174 0.7985 0.8099
June 0.8245 0.8129 0.8195
July 0.8302 0.8134 0.8206
August 0.8299 0.8174 0.8234
September 0.8459 0.8171 0.8316
October 0.8548 0.8331 0.8431
November 0.8698 0.8469 0.8635
December 0.9004 0.8657 0.8851