YEARLY HIGH
0.0654 VEF
YEARLY LOW
0.0595 VEF
YEARLY AVERAGE
0.0624 VEF

2014 PKR to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the PKR to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on April 15, valuing the pair at 0.0654. Conversely, the yearly low was recorded on February 2, dropping to 0.0595.

This high-to-low spread represents a total annual volatility of 0.0059 VEF. From a start-to-finish perspective, comparing the January average rate of 0.0597 to the December average rate of 0.0626, the exchange rate registered a net change of 4.95% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0654 was up 1.61% compared to the 2013 peak of 0.0644, 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 32,719 VEF
2013 Average 28,701 VEF
Yearly Trough Low 29,764 VEF
Transaction Impact: A difference of 2,955.09 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0650
0.0592
JanuMarcMayJulySeptNove

PKR to VEF 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 0.0624, compared to 0.0623 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0624
H2 Avg (Jul–Dec) 0.0623

Volatility Range Comparison

Volatility

The most volatile month in 2014 was March, with a trading range of 0.0045 VEF (High: 0.0645 / Low: 0.0600). On the other end, July was the most stable month, with a tight range of 0.0001 VEF (High: 0.0638 / Low: 0.0637).

March Spread (Volatile) ±0.0045
July Spread (Stable) ±0.0001

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 0.0015 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2014: 0.0645) against the same month in 2013 (average: 0.0640), the exchange rate shifted by +0.0005 (+0.84%).

2014 Avg (April) 0.0645
2013 Avg (April) 0.0640

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0598 0.0595 0.0597
February 0.0600 0.0595 0.0598
March 0.0645 0.0600 0.0628
April 0.0654 0.0639 0.0645
May 0.0640 0.0636 0.0638
June 0.0641 0.0637 0.0639
July 0.0638 0.0637 0.0637
August 0.0637 0.0618 0.0629
September 0.0620 0.0612 0.0615
October 0.0615 0.0609 0.0613
November 0.0622 0.0610 0.0618
December 0.0631 0.0618 0.0626