YEARLY HIGH
1.8407 NGN
YEARLY LOW
1.5074 NGN
YEARLY AVERAGE
1.6355 NGN

2014 PKR to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the PKR to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 1.8407. Conversely, the yearly low was recorded on January 4, dropping to 1.5074.

This high-to-low spread represents a total annual volatility of 0.3333 NGN. From a start-to-finish perspective, comparing the January average rate of 1.5182 to the December average rate of 1.8050, the exchange rate registered a net change of 18.90% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.8407 was up 11.99% compared to the 2013 peak of 1.6437, 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 920,349 NGN
2013 Average 785,042 NGN
Yearly Trough Low 753,675 NGN
Transaction Impact: A difference of 166,673.33 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.8337
1.4895
JanuMarcMayJulySeptNove

PKR to NGN 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 1.6130, compared to 1.6579 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0449 points.

H1 Avg (Jan–Jun) 1.6130
H2 Avg (Jul–Dec) 1.6579

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 0.1456 NGN (High: 1.7535 / Low: 1.6079). On the other end, September was the most stable month, with a tight range of 0.0118 NGN (High: 1.5967 / Low: 1.5849).

November Spread (Volatile) ±0.1456
September Spread (Stable) ±0.0118

Growth Streaks & Declines

Trends

Between 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 0.0283 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0283

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 1.8050) against the same month in 2013 (average: 1.4874), the exchange rate shifted by +0.3176 (+21.36%).

2014 Avg (December) 1.8050
2013 Avg (December) 1.4874

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.5441 1.5074 1.5182
February 1.5786 1.5396 1.5586
March 1.6915 1.5672 1.6450
April 1.6799 1.6302 1.6625
May 1.6510 1.6079 1.6391
June 1.6627 1.6467 1.6549
July 1.6529 1.6388 1.6437
August 1.6465 1.5912 1.6199
September 1.5967 1.5849 1.5916
October 1.6079 1.5960 1.6026
November 1.7535 1.6079 1.6846
December 1.8407 1.7750 1.8050