2014 PKR to IRR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 PKR to IRR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the PKR to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 269.4046. Conversely, the yearly low was recorded on January 10, dropping to 232.8209.
This high-to-low spread represents a total annual volatility of 36.5837 IRR. From a start-to-finish perspective, comparing the January average rate of 234.6950 to the December average rate of 266.7620, the exchange rate registered a net change of 13.66% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2014 high of 269.4046 was up 10.79% compared to the 2013 peak of 243.1638, 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 IRR 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 249.6606, compared to 262.0766 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 12.4160 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was March, with a trading range of 20.4334 IRR (High: 257.4681 / Low: 237.0346). On the other end, June was the most stable month, with a tight range of 1.2200 IRR (High: 260.0682 / Low: 258.8482).
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 4.0918 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2014: 266.7620) against the same month in 2013 (average: 231.4940), the exchange rate shifted by +35.2680 (+15.23%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 235.4068 | 232.8209 | 234.6950 |
| February | 236.9982 | 234.9867 | 236.2935 |
| March | 257.4681 | 237.0346 | 249.5253 |
| April | 263.1834 | 257.4789 | 259.4625 |
| May | 259.3257 | 257.8706 | 258.4776 |
| June | 260.0682 | 258.8482 | 259.5099 |
| July | 265.2691 | 259.6758 | 261.5835 |
| August | 266.1033 | 259.3785 | 263.4615 |
| September | 260.9299 | 257.9971 | 259.3696 |
| October | 260.4782 | 257.9188 | 259.2297 |
| November | 263.7887 | 258.8040 | 262.0533 |
| December | 269.4046 | 262.9362 | 266.7620 |