2014 PGK to MMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 PGK to MMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the PGK to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 22, valuing the pair at 412.4914. Conversely, the yearly low was recorded on May 27, dropping to 335.5118.
This high-to-low spread represents a total annual volatility of 76.9796 MMK. From a start-to-finish perspective, comparing the January average rate of 394.2106 to the December average rate of 399.4114, the exchange rate registered a net change of 1.32% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2014 high of 412.4914 was down 6.97% compared to the 2013 peak of 443.4112, 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 MMK 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 369.8629, compared to 397.8113 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 27.9484 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was June, with a trading range of 65.6733 MMK (High: 402.3573 / Low: 336.6840). On the other end, January was the most stable month, with a tight range of 4.1374 MMK (High: 396.0199 / Low: 391.8824).
Growth Streaks & Declines
TrendsBetween August and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 20.6033 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2014: 403.0544) against the same month in 2013 (average: 375.8712), the exchange rate shifted by +27.1833 (+7.23%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 396.0199 | 391.8824 | 394.2106 |
| February | 392.2214 | 376.0101 | 385.6801 |
| March | 383.0268 | 355.9741 | 370.4883 |
| April | 363.2285 | 343.9114 | 349.8850 |
| May | 346.3818 | 335.5118 | 342.3254 |
| June | 402.3573 | 336.6840 | 376.5880 |
| July | 401.8813 | 395.9893 | 398.4040 |
| August | 397.4784 | 392.2957 | 394.4652 |
| September | 400.7365 | 390.8605 | 395.4023 |
| October | 398.3978 | 392.7340 | 396.1302 |
| November | 412.4914 | 395.7419 | 403.0544 |
| December | 403.4989 | 396.1388 | 399.4114 |