2014 PGK to NIO Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 PGK to NIO Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the PGK to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on June 30, valuing the pair at 10.7112. Conversely, the yearly low was recorded on May 31, dropping to 8.9630.
This high-to-low spread represents a total annual volatility of 1.7482 NIO. From a start-to-finish perspective, comparing the January average rate of 10.1655 to the December average rate of 10.2714, the exchange rate registered a net change of 1.04% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2014 high of 10.7112 was down 12.47% compared to the 2013 peak of 12.2368, 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 NIO 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 9.7450, compared to 10.5070 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7620 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was June, with a trading range of 1.7461 NIO (High: 10.7112 / Low: 8.9651). On the other end, July was the most stable month, with a tight range of 0.0845 NIO (High: 10.7069 / Low: 10.6225).
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 0.4147 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2014: 10.0360) against the same month in 2013 (average: 10.9718), the exchange rate shifted by -0.9358 (-8.53%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 10.2409 | 10.0915 | 10.1655 |
| February | 10.1748 | 9.7507 | 9.9852 |
| March | 10.2020 | 9.4257 | 9.7707 |
| April | 9.6994 | 9.2000 | 9.3559 |
| May | 9.2680 | 8.9630 | 9.1568 |
| June | 10.7112 | 8.9651 | 10.0360 |
| July | 10.7069 | 10.6225 | 10.6517 |
| August | 10.6420 | 10.5496 | 10.5863 |
| September | 10.6261 | 10.3948 | 10.5635 |
| October | 10.6645 | 10.4784 | 10.5463 |
| November | 10.5382 | 10.3431 | 10.4228 |
| December | 10.3680 | 10.1716 | 10.2714 |