2014 PKR to IQD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 PKR to IQD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the PKR to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 31, valuing the pair at 12.1175. Conversely, the yearly low was recorded on February 10, dropping to 11.0078.
This high-to-low spread represents a total annual volatility of 1.1097 IQD. From a start-to-finish perspective, comparing the January average rate of 11.0585 to the December average rate of 11.6574, the exchange rate registered a net change of 5.42% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2014 high of 12.1175 was up 1.21% compared to the 2013 peak of 11.9731, 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 IQD 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 11.5984, compared to 11.6263 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0278 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was March, with a trading range of 1.0159 IQD (High: 12.1175 / Low: 11.1016). On the other end, January was the most stable month, with a tight range of 0.1183 IQD (High: 11.1328 / Low: 11.0146).
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 August and September, when the average rate fell by 0.2961 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2014: 11.6558) against the same month in 2013 (average: 11.8411), the exchange rate shifted by -0.1853 (-1.56%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 11.1328 | 11.0146 | 11.0585 |
| February | 11.2055 | 11.0078 | 11.0912 |
| March | 12.1175 | 11.1016 | 11.6558 |
| April | 12.1130 | 11.8177 | 11.9456 |
| May | 11.9787 | 11.7755 | 11.8977 |
| June | 11.9762 | 11.8035 | 11.9418 |
| July | 11.9511 | 11.7880 | 11.9066 |
| August | 11.9373 | 11.4267 | 11.7492 |
| September | 11.5408 | 11.3011 | 11.4530 |
| October | 11.5316 | 11.2478 | 11.4349 |
| November | 11.6250 | 11.4252 | 11.5564 |
| December | 11.8498 | 11.5092 | 11.6574 |