2014 PGK to BIF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 PGK to BIF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the PGK to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on June 30, valuing the pair at 638.6676. Conversely, the yearly low was recorded on May 27, dropping to 537.1096.
This high-to-low spread represents a total annual volatility of 101.5580 BIF. From a start-to-finish perspective, comparing the January average rate of 619.6377 to the December average rate of 606.4956, the exchange rate registered a net change of -2.12% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2014 high of 638.6676 was down 18.33% compared to the 2013 peak of 782.0154, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 PGK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2014.
PGK to BIF 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 588.7810, compared to 621.3921 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 32.6111 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was June, with a trading range of 97.9880 BIF (High: 638.6676 / Low: 540.6796). On the other end, January was the most stable month, with a tight range of 8.1428 BIF (High: 622.5035 / Low: 614.3608).
Growth Streaks & Declines
TrendsBetween May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 30.2426 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2014: 598.8122) against the same month in 2013 (average: 697.2545), the exchange rate shifted by -98.4423 (-14.12%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 622.5035 | 614.3608 | 619.6377 |
| February | 617.0214 | 595.9612 | 607.8866 |
| March | 618.2610 | 574.4510 | 593.5116 |
| April | 585.4466 | 552.7485 | 563.2690 |
| May | 559.5801 | 537.1096 | 549.5688 |
| June | 638.6676 | 540.6796 | 598.8122 |
| July | 637.9049 | 628.9188 | 634.2307 |
| August | 634.5631 | 621.4981 | 628.9288 |
| September | 628.8999 | 619.0520 | 624.2772 |
| October | 631.3984 | 615.0469 | 621.4852 |
| November | 620.3702 | 605.5675 | 612.9348 |
| December | 615.3568 | 597.4268 | 606.4956 |