2014 HNL to PGK Historical Review

YEARLY HIGH

0.1506 PGK

YEARLY LOW

0.1157 PGK

YEARLY AVERAGE

0.1263 PGK

2014 HNL to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the HNL to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 27, valuing the pair at 0.1506. Conversely, the yearly low was recorded on June 30, dropping to 0.1157.

This high-to-low spread represents a total annual volatility of 0.0349 PGK. From a start-to-finish perspective, comparing the January average rate of 0.1246 to the December average rate of 0.1223, the exchange rate registered a net change of -1.83% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.1506 was up 15.85% compared to the 2013 peak of 0.1300, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 753 PGK

2013 Average 571 PGK

Yearly Trough Low 579 PGK

Transaction Impact: A difference of 174.53 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.1496

0.1135

JanuMarcMayJulySeptNove

HNL to PGK 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 0.1340, compared to 0.1187 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0154 points.

H1 Avg (Jan–Jun) 0.1340

H2 Avg (Jul–Dec) 0.1187

Volatility Range Comparison

Volatility

The most volatile month in 2014 was June, with a trading range of 0.0232 PGK (High: 0.1389 / Low: 0.1157). On the other end, September was the most stable month, with a tight range of 0.0010 PGK (High: 0.1182 / Low: 0.1172).

June Spread (Volatile) ±0.0232

September Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between 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 0.0220 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0220

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 0.1466) against the same month in 2013 (average: 0.1121), the exchange rate shifted by +0.0345 (+30.76%).

2014 Avg (May) 0.1466

2013 Avg (May) 0.1121

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1264	0.1231	0.1246
February	0.1335	0.1263	0.1293
March	0.1404	0.1308	0.1353
April	0.1466	0.1380	0.1436
May	0.1506	0.1388	0.1466
June	0.1389	0.1157	0.1247
July	0.1171	0.1158	0.1165
August	0.1178	0.1168	0.1173
September	0.1182	0.1172	0.1176
October	0.1189	0.1171	0.1182
November	0.1208	0.1185	0.1200
December	0.1238	0.1212	0.1223