YEARLY HIGH
10.0183 PKR
YEARLY LOW
8.5886 PKR
YEARLY AVERAGE
9.3171 PKR

2014 SZL to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the SZL to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 10.0183. Conversely, the yearly low was recorded on December 15, dropping to 8.5886.

This high-to-low spread represents a total annual volatility of 1.4297 PKR. From a start-to-finish perspective, comparing the January average rate of 9.7191 to the December average rate of 8.7694, the exchange rate registered a net change of -9.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 10.0183 was down 12.70% compared to the 2013 peak of 11.4757, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 SZL based on timing:

Yearly Peak High 50,091 PKR
2013 Average 52,712 PKR
Yearly Trough Low 42,943 PKR
Transaction Impact: A difference of 7,148.58 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

9.8140
8.6745
JanuMarcMayJulySeptNove

SZL to PKR 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 9.4313, compared to 9.2029 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2284 points.

H1 Avg (Jan–Jun) 9.4313
H2 Avg (Jul–Dec) 9.2029

Volatility Range Comparison

Volatility

The most volatile month in 2014 was March, with a trading range of 0.8016 PKR (High: 9.8054 / Low: 9.0038). On the other end, May was the most stable month, with a tight range of 0.2004 PKR (High: 9.5764 / Low: 9.3760).

March Spread (Volatile) ±0.8016
May Spread (Stable) ±0.2004

Growth Streaks & Declines

Trends

Between June and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.4280 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.4280

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 9.7191) against the same month in 2013 (average: 11.1230), the exchange rate shifted by -1.4039 (-12.62%).

2014 Avg (January) 9.7191
2013 Avg (January) 11.1230

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.0183 9.3880 9.7191
February 9.7807 9.3929 9.5739
March 9.8054 9.0038 9.3317
April 9.3490 9.1276 9.2466
May 9.5764 9.3760 9.4780
June 9.3844 9.1261 9.2386
July 9.3832 9.1626 9.2583
August 9.5615 9.2003 9.3794
September 9.5802 9.0991 9.3390
October 9.4557 9.0566 9.2738
November 9.3934 9.0295 9.1975
December 9.2459 8.5886 8.7694