YEARLY HIGH
0.1164 ZAR
YEARLY LOW
0.0996 ZAR
YEARLY AVERAGE
0.1074 ZAR

2014 PKR to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the PKR to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 0.1164. Conversely, the yearly low was recorded on January 1, dropping to 0.0996.

This high-to-low spread represents a total annual volatility of 0.0168 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.1029 to the December average rate of 0.1140, the exchange rate registered a net change of 10.82% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.1164 was up 12.89% compared to the 2013 peak of 0.1031, 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 58,220 ZAR
2013 Average 47,489 ZAR
Yearly Trough Low 49,818 ZAR
Transaction Impact: A difference of 8,402.30 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.1151
0.1018
JanuMarcMayJulySeptNove

PKR to ZAR 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 0.1060, compared to 0.1087 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0027 points.

H1 Avg (Jan–Jun) 0.1060
H2 Avg (Jul–Dec) 0.1087

Volatility Range Comparison

Volatility

The most volatile month in 2014 was March, with a trading range of 0.0092 ZAR (High: 0.1112 / Low: 0.1020). On the other end, July was the most stable month, with a tight range of 0.0026 ZAR (High: 0.1091 / Low: 0.1065).

March Spread (Volatile) ±0.0092
July Spread (Stable) ±0.0026

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0026 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0026

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.1140) against the same month in 2013 (average: 0.0969), the exchange rate shifted by +0.0172 (+17.73%).

2014 Avg (December) 0.1140
2013 Avg (December) 0.0969

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1069 0.0996 0.1029
February 0.1065 0.1021 0.1043
March 0.1112 0.1020 0.1073
April 0.1097 0.1066 0.1081
May 0.1069 0.1043 0.1055
June 0.1098 0.1071 0.1082
July 0.1091 0.1065 0.1080
August 0.1088 0.1044 0.1066
September 0.1100 0.1044 0.1072
October 0.1105 0.1056 0.1078
November 0.1109 0.1071 0.1088
December 0.1164 0.1080 0.1140