YEARLY HIGH
1.3748 ISK
YEARLY LOW
1.1881 ISK
YEARLY AVERAGE
1.2839 ISK

2015 PKR to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the PKR to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 15, valuing the pair at 1.3748. Conversely, the yearly low was recorded on October 14, dropping to 1.1881.

This high-to-low spread represents a total annual volatility of 0.1868 ISK. From a start-to-finish perspective, comparing the January average rate of 1.3038 to the December average rate of 1.2372, the exchange rate registered a net change of -5.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 1.3748 was up 8.57% compared to the 2014 peak of 1.2663, 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 687,416 ISK
2014 Average 577,801 ISK
Yearly Trough Low 594,028 ISK
Transaction Impact: A difference of 93,388.08 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

1.3573
1.1967
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 1.3140, compared to 1.2538 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0603 points.

H1 Avg (Jan–Jun) 1.3140
H2 Avg (Jul–Dec) 1.2538

Volatility Range Comparison

Volatility

The most volatile month in 2015 was August, with a trading range of 0.0901 ISK (High: 1.3237 / Low: 1.2336). On the other end, February was the most stable month, with a tight range of 0.0219 ISK (High: 1.3179 / Low: 1.2959).

August Spread (Volatile) ±0.0901
February Spread (Stable) ±0.0219

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2015. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0613 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0613

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2015: 1.3439) against the same month in 2014 (average: 1.1267), the exchange rate shifted by +0.2172 (+19.28%).

2015 Avg (March) 1.3439
2014 Avg (March) 1.1267

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.3434 1.2636 1.3038
February 1.3179 1.2959 1.3018
March 1.3748 1.3080 1.3439
April 1.3607 1.2938 1.3371
May 1.3279 1.2784 1.2996
June 1.3235 1.2867 1.2980
July 1.3342 1.2998 1.3157
August 1.3237 1.2336 1.2885
September 1.2425 1.2122 1.2271
October 1.2309 1.1881 1.2101
November 1.2590 1.2157 1.2440
December 1.2552 1.2190 1.2372