YEARLY HIGH
0.4832 PGK
YEARLY LOW
0.3422 PGK
YEARLY AVERAGE
0.4096 PGK

2014 NOK to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the NOK to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 27, valuing the pair at 0.4832. Conversely, the yearly low was recorded on December 29, dropping to 0.3422.

This high-to-low spread represents a total annual volatility of 0.1409 PGK. From a start-to-finish perspective, comparing the January average rate of 0.4061 to the December average rate of 0.3535, the exchange rate registered a net change of -12.96% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.4832 was up 7.57% compared to the 2013 peak of 0.4492, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,416 PGK
2013 Average 1,951 PGK
Yearly Trough Low 1,711 PGK
Transaction Impact: A difference of 704.66 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.4860
0.3415
JanuMarcMayJulySeptNove

NOK 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 0.4371, compared to 0.3822 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0550 points.

H1 Avg (Jan–Jun) 0.4371
H2 Avg (Jul–Dec) 0.3822

Volatility Range Comparison

Volatility

The most volatile month in 2014 was June, with a trading range of 0.0851 PGK (High: 0.4806 / Low: 0.3955). On the other end, July was the most stable month, with a tight range of 0.0089 PGK (High: 0.3990 / Low: 0.3901).

June Spread (Volatile) ±0.0851
July Spread (Stable) ±0.0089

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 0.0437 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0437

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 0.4740) against the same month in 2013 (average: 0.3726), the exchange rate shifted by +0.1013 (+27.19%).

2014 Avg (May) 0.4740
2013 Avg (May) 0.3726

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4144 0.4018 0.4061
February 0.4343 0.4007 0.4166
March 0.4507 0.4155 0.4360
April 0.4674 0.4429 0.4598
May 0.4832 0.4668 0.4740
June 0.4806 0.3955 0.4302
July 0.3990 0.3901 0.3943
August 0.4014 0.3904 0.3975
September 0.4009 0.3845 0.3908
October 0.3881 0.3745 0.3831
November 0.3799 0.3640 0.3737
December 0.3696 0.3422 0.3535