YEARLY HIGH
1.2663 ISK
YEARLY LOW
1.0735 ISK
YEARLY AVERAGE
1.1552 ISK

2014 PKR to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the PKR to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 1.2663. Conversely, the yearly low was recorded on March 3, dropping to 1.0735.

This high-to-low spread represents a total annual volatility of 0.1928 ISK. From a start-to-finish perspective, comparing the January average rate of 1.0976 to the December average rate of 1.2424, the exchange rate registered a net change of 13.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.2663 was down 4.86% compared to the 2013 peak of 1.3309, 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 633,158 ISK
2013 Average 602,253 ISK
Yearly Trough Low 536,747 ISK
Transaction Impact: A difference of 96,411.86 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.2580
1.0712
JanuMarcMayJulySeptNove

PKR to ISK 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 1.1260, compared to 1.1843 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0583 points.

H1 Avg (Jan–Jun) 1.1260
H2 Avg (Jul–Dec) 1.1843

Volatility Range Comparison

Volatility

The most volatile month in 2014 was March, with a trading range of 0.0900 ISK (High: 1.1635 / Low: 1.0735). On the other end, October was the most stable month, with a tight range of 0.0157 ISK (High: 1.1824 / Low: 1.1667).

March Spread (Volatile) ±0.0900
October Spread (Stable) ±0.0157

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 January and February, when the average rate fell by 0.0108 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0108

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 1.2424) against the same month in 2013 (average: 1.0961), the exchange rate shifted by +0.1463 (+13.35%).

2014 Avg (December) 1.2424
2013 Avg (December) 1.0961

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.1073 1.0892 1.0976
February 1.0975 1.0752 1.0868
March 1.1635 1.0735 1.1267
April 1.1671 1.1383 1.1508
May 1.1490 1.1313 1.1412
June 1.1609 1.1429 1.1532
July 1.1677 1.1420 1.1567
August 1.1718 1.1464 1.1589
September 1.1795 1.1447 1.1601
October 1.1824 1.1667 1.1754
November 1.2322 1.1854 1.2126
December 1.2663 1.2117 1.2424