2014 PGK to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 PGK to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the PGK to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on October 6, valuing the pair at 1095.9087. Conversely, the yearly low was recorded on May 30, dropping to 826.1224.
This high-to-low spread represents a total annual volatility of 269.7863 MGA. From a start-to-finish perspective, comparing the January average rate of 906.8116 to the December average rate of 1007.5624, the exchange rate registered a net change of 11.11% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2014 high of 1095.9087 was down 1.17% compared to the 2013 peak of 1108.9063, 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 MGA 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 891.2629, compared to 1037.3456 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 146.0828 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was June, with a trading range of 167.6933 MGA (High: 996.3866 / Low: 828.6933). On the other end, January was the most stable month, with a tight range of 22.2596 MGA (High: 913.5353 / Low: 891.2757).
Growth Streaks & Declines
TrendsBetween May and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 55.6795 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2014: 1075.6639) against the same month in 2013 (average: 855.8587), the exchange rate shifted by +219.8052 (+25.68%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 913.5353 | 891.2757 | 906.8116 |
| February | 922.3687 | 897.5301 | 910.5925 |
| March | 940.8256 | 865.9634 | 897.1564 |
| April | 880.2132 | 845.0755 | 857.5490 |
| May | 859.4058 | 826.1224 | 844.1352 |
| June | 996.3866 | 828.6933 | 931.3326 |
| July | 1019.6635 | 994.5391 | 1006.1457 |
| August | 1036.2252 | 1005.1426 | 1023.5224 |
| September | 1071.9593 | 1019.9198 | 1047.9375 |
| October | 1095.9087 | 1066.6987 | 1075.6639 |
| November | 1071.5540 | 1047.4409 | 1063.2419 |
| December | 1037.2611 | 988.2455 | 1007.5624 |