YEARLY HIGH
0.0636 PGK
YEARLY LOW
0.0506 PGK
YEARLY AVERAGE
0.0555 PGK

2014 MKD to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MKD to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 27, valuing the pair at 0.0636. Conversely, the yearly low was recorded on December 29, dropping to 0.0506.

This high-to-low spread represents a total annual volatility of 0.0130 PGK. From a start-to-finish perspective, comparing the January average rate of 0.0553 to the December average rate of 0.0517, the exchange rate registered a net change of -6.65% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0636 was up 7.17% compared to the 2013 peak of 0.0594, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 318 PGK
2013 Average 247 PGK
Yearly Trough Low 253 PGK
Transaction Impact: A difference of 64.95 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0639
0.0504
JanuMarcMayJulySeptNove

MKD 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 0.0587, compared to 0.0524 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0064 points.

H1 Avg (Jan–Jun) 0.0587
H2 Avg (Jul–Dec) 0.0524

Volatility Range Comparison

Volatility

The most volatile month in 2014 was June, with a trading range of 0.0098 PGK (High: 0.0634 / Low: 0.0536). On the other end, July was the most stable month, with a tight range of 0.0004 PGK (High: 0.0541 / Low: 0.0537).

June Spread (Volatile) ±0.0098
July Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between 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 0.0055 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0055

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 0.0628) against the same month in 2013 (average: 0.0457), the exchange rate shifted by +0.0171 (+37.49%).

2014 Avg (May) 0.0628
2013 Avg (May) 0.0457

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0563 0.0549 0.0553
February 0.0583 0.0552 0.0565
March 0.0610 0.0562 0.0587
April 0.0630 0.0593 0.0616
May 0.0636 0.0622 0.0628
June 0.0634 0.0536 0.0573
July 0.0541 0.0537 0.0538
August 0.0538 0.0528 0.0534
September 0.0531 0.0507 0.0521
October 0.0523 0.0507 0.0516
November 0.0519 0.0512 0.0515
December 0.0525 0.0506 0.0517