YEARLY HIGH
72.0356 NGN
YEARLY LOW
56.4694 NGN
YEARLY AVERAGE
64.3639 NGN

2014 PGK to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the PGK to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 72.0356. Conversely, the yearly low was recorded on May 5, dropping to 56.4694.

This high-to-low spread represents a total annual volatility of 15.5661 NGN. From a start-to-finish perspective, comparing the January average rate of 64.0525 to the December average rate of 70.5360, the exchange rate registered a net change of 10.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 72.0356 was down 8.83% compared to the 2013 peak of 79.0133, 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 360,178 NGN
2013 Average 348,968 NGN
Yearly Trough Low 282,347 NGN
Transaction Impact: A difference of 77,830.61 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

71.8452
56.1349
JanuMarcMayJulySeptNove

PGK to NGN 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 61.8080, compared to 66.9198 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.1117 points.

H1 Avg (Jan–Jun) 61.8080
H2 Avg (Jul–Dec) 66.9198

Volatility Range Comparison

Volatility

The most volatile month in 2014 was June, with a trading range of 10.5345 NGN (High: 67.1830 / Low: 56.6485). On the other end, August was the most stable month, with a tight range of 0.8425 NGN (High: 66.2176 / Low: 65.3751).

June Spread (Volatile) ±10.5345
August Spread (Stable) ±0.8425

Growth Streaks & Declines

Trends

Between 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 4.0055 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -4.0055

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 70.5360) against the same month in 2013 (average: 63.4506), the exchange rate shifted by +7.0854 (+11.17%).

2014 Avg (December) 70.5360
2013 Avg (December) 63.4506

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 64.8554 63.6981 64.0525
February 64.7846 63.3620 64.2173
March 65.6227 60.8995 62.9934
April 62.1606 57.4761 58.9878
May 58.2267 56.4694 57.4441
June 67.1830 56.6485 63.1532
July 67.0861 66.1033 66.4435
August 66.2176 65.3751 65.7662
September 66.1920 65.3025 65.7573
October 66.2481 65.0841 65.6485
November 69.8255 65.1764 67.3671
December 72.0356 69.6142 70.5360