YEARLY HIGH
10788.6572 IRR
YEARLY LOW
8871.5507 IRR
YEARLY AVERAGE
10072.6531 IRR

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.

Transfer Payout Power Comparison

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

Yearly Peak High 53,943,286 IRR
2013 Average 37,361,819 IRR
Yearly Trough Low 44,357,754 IRR
Transaction Impact: A difference of 9,585,532.64 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

10881.6576
8892.9927
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 9560.2156
H2 Avg (Jul–Dec) 10585.0907

Volatility Range Comparison

Volatility

The 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).

June Spread (Volatile) ±1662.3432
January Spread (Stable) ±119.0712

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 4 Mo.
Sharpest MoM Drop -349.5161

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2014 Avg (August) 10696.3376
2013 Avg (August) 10487.9347

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