2014 PGK to IRR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 PGK to IRR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the PGK to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 28, valuing the pair at 10788.6572. Conversely, the yearly low was recorded on May 27, dropping to 8871.5507.
This high-to-low spread represents a total annual volatility of 1917.1065 IRR. From a start-to-finish perspective, comparing the January average rate of 9902.1460 to the December average rate of 10424.5060, the exchange rate registered a net change of 5.28% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2014 high of 10788.6572 was down 0.70% compared to the 2013 peak of 10865.0759, 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 IRR 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 9560.2156, compared to 10585.0907 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1024.8751 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was June, with a trading range of 1662.3432 IRR (High: 10557.6776 / Low: 8895.3343). On the other end, January was the most stable month, with a tight range of 119.0712 IRR (High: 9962.9634 / Low: 9843.8922).
Growth Streaks & Declines
TrendsBetween May and September, 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 March and April, when the average rate fell by 349.5161 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2014: 10696.3376) against the same month in 2013 (average: 10487.9347), the exchange rate shifted by +208.4029 (+1.99%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 9962.9634 | 9843.8922 | 9902.1460 |
| February | 9865.7039 | 9524.5645 | 9736.2143 |
| March | 10001.8961 | 9239.3316 | 9555.1337 |
| April | 9532.4613 | 9041.4155 | 9205.6177 |
| May | 9175.3148 | 8871.5507 | 9058.7147 |
| June | 10557.6776 | 8895.3343 | 9903.4669 |
| July | 10697.9923 | 10473.4912 | 10573.9165 |
| August | 10788.6572 | 10652.8377 | 10696.3376 |
| September | 10764.0746 | 10631.8852 | 10715.9355 |
| October | 10751.1824 | 10534.4349 | 10619.1223 |
| November | 10561.0639 | 10385.9082 | 10480.7261 |
| December | 10607.4493 | 10354.6098 | 10424.5060 |