YEARLY HIGH
0.0177 PGK
YEARLY LOW
0.0139 PGK
YEARLY AVERAGE
0.0156 PGK

2014 NGN to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the NGN to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 5, valuing the pair at 0.0177. Conversely, the yearly low was recorded on December 23, dropping to 0.0139.

This high-to-low spread represents a total annual volatility of 0.0038 PGK. From a start-to-finish perspective, comparing the January average rate of 0.0156 to the December average rate of 0.0142, the exchange rate registered a net change of -9.19% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0177 was up 6.23% compared to the 2013 peak of 0.0167, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 NGN based on timing:

Yearly Peak High 17,709 PGK
2013 Average 14,419 PGK
Yearly Trough Low 13,882 PGK
Transaction Impact: A difference of 3,826.66 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0177
0.0139
JanuMarcMayJulySeptNove

NGN 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 0.0162, compared to 0.0150 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.0162
H2 Avg (Jul–Dec) 0.0150

Volatility Range Comparison

Volatility

The most volatile month in 2014 was June, with a trading range of 0.0028 PGK (High: 0.0177 / Low: 0.0149). On the other end, August was the most stable month, with a tight range of 0.0002 PGK (High: 0.0153 / Low: 0.0151).

June Spread (Volatile) ±0.0028
August Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between February and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0015 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 0.0174) against the same month in 2013 (average: 0.0137), the exchange rate shifted by +0.0037 (+26.77%).

2014 Avg (May) 0.0174
2013 Avg (May) 0.0137

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0157 0.0154 0.0156
February 0.0158 0.0154 0.0156
March 0.0164 0.0152 0.0159
April 0.0174 0.0161 0.0170
May 0.0177 0.0172 0.0174
June 0.0177 0.0149 0.0159
July 0.0151 0.0149 0.0151
August 0.0153 0.0151 0.0152
September 0.0153 0.0151 0.0152
October 0.0154 0.0151 0.0152
November 0.0153 0.0143 0.0149
December 0.0144 0.0139 0.0142