2014 EUR to PGK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 EUR to PGK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the EUR to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 6, valuing the pair at 3.9237. Conversely, the yearly low was recorded on December 29, dropping to 3.1055.
This high-to-low spread represents a total annual volatility of 0.8182 PGK. From a start-to-finish perspective, comparing the January average rate of 3.4046 to the December average rate of 3.1762, the exchange rate registered a net change of -6.71% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2014 high of 3.9237 was up 7.39% compared to the 2013 peak of 3.6536, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 EUR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2014.
EUR 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 3.6173, compared to 3.2198 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3975 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was June, with a trading range of 0.6146 PGK (High: 3.9148 / Low: 3.3002). On the other end, November was the most stable month, with a tight range of 0.0509 PGK (High: 3.2083 / Low: 3.1573).
Growth Streaks & Declines
TrendsBetween January and May, 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 May and June, when the average rate fell by 0.3344 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2014: 3.8660) against the same month in 2013 (average: 2.8164), the exchange rate shifted by +1.0496 (+37.27%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 3.4604 | 3.3846 | 3.4046 |
| February | 3.6040 | 3.3954 | 3.4861 |
| March | 3.7409 | 3.4685 | 3.6175 |
| April | 3.8797 | 3.6578 | 3.7981 |
| May | 3.9237 | 3.8264 | 3.8660 |
| June | 3.9148 | 3.3002 | 3.5316 |
| July | 3.3314 | 3.2782 | 3.3071 |
| August | 3.3010 | 3.2447 | 3.2806 |
| September | 3.2693 | 3.1311 | 3.1970 |
| October | 3.2353 | 3.1202 | 3.1791 |
| November | 3.2083 | 3.1573 | 3.1788 |
| December | 3.2408 | 3.1055 | 3.1762 |