2014 PGK to MRO Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 PGK to MRO Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the PGK to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on June 26, valuing the pair at 120.6794. Conversely, the yearly low was recorded on June 1, dropping to 101.5172.
This high-to-low spread represents a total annual volatility of 19.1623 MRO. From a start-to-finish perspective, comparing the January average rate of 116.3382 to the December average rate of 112.7303, the exchange rate registered a net change of -3.10% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2014 high of 120.6794 was down 19.31% compared to the 2013 peak of 149.5619, 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 MRO 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 111.1673, compared to 116.5390 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.3717 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was June, with a trading range of 19.1623 MRO (High: 120.6794 / Low: 101.5172). On the other end, September was the most stable month, with a tight range of 1.1494 MRO (High: 118.1164 / Low: 116.9670).
Growth Streaks & Declines
TrendsBetween May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 4.5111 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2014: 113.1749) against the same month in 2013 (average: 133.8923), the exchange rate shifted by -20.7173 (-15.47%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 117.1025 | 115.5021 | 116.3382 |
| February | 115.6751 | 111.3657 | 113.9998 |
| March | 117.4808 | 107.8538 | 111.8328 |
| April | 111.2257 | 105.0216 | 107.3218 |
| May | 106.3155 | 101.7109 | 104.3365 |
| June | 120.6794 | 101.5172 | 113.1749 |
| July | 120.2104 | 118.8060 | 119.4620 |
| August | 119.4004 | 117.5710 | 118.5311 |
| September | 118.1164 | 116.9670 | 117.5158 |
| October | 117.5409 | 115.2262 | 116.4295 |
| November | 116.5595 | 113.6488 | 114.5654 |
| December | 114.2426 | 111.8359 | 112.7303 |