2014 VEF to PKR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 VEF to PKR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the VEF to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 16.7988. Conversely, the yearly low was recorded on April 15, dropping to 15.2816.
This high-to-low spread represents a total annual volatility of 1.5172 PKR. From a start-to-finish perspective, comparing the January average rate of 16.7611 to the December average rate of 15.9713, the exchange rate registered a net change of -4.71% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2014 high of 16.7988 was down 26.78% compared to the 2013 peak of 22.9420, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 VEF based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2014.
VEF 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 16.0395, compared to 16.0574 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0179 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was March, with a trading range of 1.1674 PKR (High: 16.6767 / Low: 15.5093). On the other end, July was the most stable month, with a tight range of 0.0358 PKR (High: 15.6988 / Low: 15.6630).
Growth Streaks & Declines
TrendsBetween June and October, 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 February and March, when the average rate fell by 0.7802 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2014: 16.7089) against the same month in 2013 (average: 22.8334), the exchange rate shifted by -6.1245 (-26.82%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 16.7936 | 16.7325 | 16.7611 |
| February | 16.7988 | 16.6574 | 16.7089 |
| March | 16.6767 | 15.5093 | 15.9287 |
| April | 15.6594 | 15.2816 | 15.5051 |
| May | 15.7153 | 15.6239 | 15.6794 |
| June | 15.6919 | 15.6063 | 15.6541 |
| July | 15.6988 | 15.6630 | 15.6868 |
| August | 16.1908 | 15.6900 | 15.8987 |
| September | 16.3442 | 16.1361 | 16.2726 |
| October | 16.4099 | 16.2542 | 16.3210 |
| November | 16.3819 | 16.0832 | 16.1938 |
| December | 16.1824 | 15.8444 | 15.9713 |