2014 BHD to PGK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 BHD to PGK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the BHD to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 27, valuing the pair at 7.6323. Conversely, the yearly low was recorded on June 30, dropping to 6.4316.
This high-to-low spread represents a total annual volatility of 1.2007 PGK. From a start-to-finish perspective, comparing the January average rate of 6.6308 to the December average rate of 6.8445, the exchange rate registered a net change of 3.22% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2014 high of 7.6323 was up 8.19% compared to the 2013 peak of 7.0544, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BHD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2014.
BHD to PGK 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 6.9980, compared to 6.6424 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3556 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was June, with a trading range of 1.1872 PGK (High: 7.6188 / Low: 6.4316). On the other end, July was the most stable month, with a tight range of 0.0638 PGK (High: 6.5011 / Low: 6.4373).
Growth Streaks & Declines
TrendsBetween July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.5817 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2014: 7.4679) against the same month in 2013 (average: 5.7569), the exchange rate shifted by +1.7111 (+29.72%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 6.7087 | 6.5920 | 6.6308 |
| February | 6.9255 | 6.6768 | 6.7686 |
| March | 7.1717 | 6.6724 | 6.9404 |
| April | 7.4290 | 7.0343 | 7.2939 |
| May | 7.6323 | 7.3680 | 7.4679 |
| June | 7.6188 | 6.4316 | 6.8862 |
| July | 6.5011 | 6.4373 | 6.4776 |
| August | 6.5732 | 6.4916 | 6.5347 |
| September | 6.6294 | 6.5519 | 6.5813 |
| October | 6.7118 | 6.5725 | 6.6553 |
| November | 6.8140 | 6.6938 | 6.7610 |
| December | 6.8994 | 6.7746 | 6.8445 |