2014 PGK to IQD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 PGK to IQD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the PGK to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 30, valuing the pair at 485.6970. Conversely, the yearly low was recorded on May 27, dropping to 409.1344.
This high-to-low spread represents a total annual volatility of 76.5626 IQD. From a start-to-finish perspective, comparing the January average rate of 466.5812 to the December average rate of 455.5651, the exchange rate registered a net change of -2.36% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2014 high of 485.6970 was down 16.94% compared to the 2013 peak of 584.7839, 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 IQD 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 444.4092, compared to 469.6086 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 25.1993 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was June, with a trading range of 75.6669 IQD (High: 485.6970 / Low: 410.0301). On the other end, September was the most stable month, with a tight range of 7.7529 IQD (High: 475.8506 / Low: 468.0977).
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 22.5177 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2014: 455.7123) against the same month in 2013 (average: 520.3100), the exchange rate shifted by -64.5977 (-12.42%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 470.8578 | 462.4372 | 466.5812 |
| February | 466.6672 | 446.1542 | 457.0035 |
| March | 465.1108 | 432.4109 | 446.3560 |
| April | 446.7731 | 415.8651 | 423.8383 |
| May | 422.2958 | 409.1344 | 416.9641 |
| June | 485.6970 | 410.0301 | 455.7123 |
| July | 485.1208 | 475.5069 | 481.3009 |
| August | 481.6074 | 469.2704 | 476.9784 |
| September | 475.8506 | 468.0977 | 473.1865 |
| October | 476.2404 | 460.0373 | 468.4209 |
| November | 467.3990 | 457.9211 | 462.1996 |
| December | 466.5689 | 448.3729 | 455.5651 |