YEARLY HIGH
49.7127 ISK
YEARLY LOW
39.3196 ISK
YEARLY AVERAGE
45.5007 ISK

2014 PGK to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the PGK to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 49.7127. Conversely, the yearly low was recorded on June 1, dropping to 39.3196.

This high-to-low spread represents a total annual volatility of 10.3931 ISK. From a start-to-finish perspective, comparing the January average rate of 46.3084 to the December average rate of 48.5496, the exchange rate registered a net change of 4.84% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 49.7127 was down 21.77% compared to the 2013 peak of 63.5508, 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 248,563 ISK
2013 Average 268,005 ISK
Yearly Trough Low 196,598 ISK
Transaction Impact: A difference of 51,965.60 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

49.4051
39.1400
JanuMarcMayJulySeptNove

PGK to ISK 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 43.1794, compared to 47.8221 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.6426 points.

H1 Avg (Jan–Jun) 43.1794
H2 Avg (Jul–Dec) 47.8221

Volatility Range Comparison

Volatility

The most volatile month in 2014 was June, with a trading range of 7.5067 ISK (High: 46.8263 / Low: 39.3196). On the other end, August was the most stable month, with a tight range of 0.6822 ISK (High: 47.4293 / Low: 46.7471).

June Spread (Volatile) ±7.5067
August Spread (Stable) ±0.6822

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 2.3133 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -2.3133

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 48.5496) against the same month in 2013 (average: 46.7629), the exchange rate shifted by +1.7867 (+3.82%).

2014 Avg (December) 48.5496
2013 Avg (December) 46.7629

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 46.8395 45.7147 46.3084
February 45.9366 43.2232 44.7835
March 45.2069 41.9104 43.1450
April 42.4894 40.0721 40.8317
May 40.6232 39.3237 39.9955
June 46.8263 39.3196 44.0124
July 47.2010 46.2556 46.7552
August 47.4293 46.7471 47.0493
September 48.7943 47.1127 47.9320
October 48.7663 47.6254 48.1508
November 48.9214 48.1877 48.4953
December 49.7127 47.7073 48.5496