2014 TOP to PKR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 TOP to PKR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the TOP to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 57.1806. Conversely, the yearly low was recorded on November 11, dropping to 50.5972.
This high-to-low spread represents a total annual volatility of 6.5834 PKR. From a start-to-finish perspective, comparing the January average rate of 56.6405 to the December average rate of 51.3641, the exchange rate registered a net change of -9.32% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2014 high of 57.1806 was down 4.76% compared to the 2013 peak of 60.0362, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 TOP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2014.
TOP to PKR Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 54.4001, compared to 52.7107 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.6893 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was March, with a trading range of 3.5817 PKR (High: 56.2993 / Low: 52.7176). On the other end, February was the most stable month, with a tight range of 0.7985 PKR (High: 56.6607 / Low: 55.8622).
Growth Streaks & Declines
TrendsBetween 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 February and March, when the average rate fell by 2.2268 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2014: 56.6405) against the same month in 2013 (average: 56.2241), the exchange rate shifted by +0.4164 (+0.74%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 57.1806 | 56.1180 | 56.6405 |
| February | 56.6607 | 55.8622 | 56.2181 |
| March | 56.2993 | 52.7176 | 53.9913 |
| April | 53.7440 | 52.7075 | 53.2729 |
| May | 54.2579 | 52.8062 | 53.2413 |
| June | 53.4842 | 52.5646 | 53.0362 |
| July | 54.8253 | 52.9860 | 53.5840 |
| August | 54.8501 | 52.7075 | 53.8524 |
| September | 55.2828 | 52.4927 | 53.8068 |
| October | 52.8436 | 51.7611 | 52.4102 |
| November | 52.3912 | 50.5972 | 51.2470 |
| December | 52.1583 | 50.7852 | 51.3641 |