2014 PGK to ISK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
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.
Comparing the value generated converting 5,000 PGK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2014.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |