2014 PGK to NPR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 PGK to NPR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the PGK to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 27, valuing the pair at 40.3067. Conversely, the yearly low was recorded on May 27, dropping to 32.8332.
This high-to-low spread represents a total annual volatility of 7.4735 NPR. From a start-to-finish perspective, comparing the January average rate of 39.7511 to the December average rate of 38.9136, the exchange rate registered a net change of -2.11% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2014 high of 40.3067 was down 10.09% compared to the 2013 peak of 44.8283, 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 NPR 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 37.0304, compared to 39.2095 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.1791 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was June, with a trading range of 6.7279 NPR (High: 39.6846 / Low: 32.9567). On the other end, July was the most stable month, with a tight range of 0.4316 NPR (High: 39.6817 / Low: 39.2501).
Growth Streaks & Declines
TrendsBetween May and August, 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 2.2206 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2014: 39.7511) against the same month in 2013 (average: 41.6781), the exchange rate shifted by -1.9269 (-4.62%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 40.3067 | 39.3450 | 39.7511 |
| February | 39.8691 | 37.9272 | 39.0363 |
| March | 38.9696 | 36.0693 | 37.3669 |
| April | 36.1836 | 34.6286 | 35.1463 |
| May | 34.7586 | 32.8332 | 33.8389 |
| June | 39.6846 | 32.9567 | 37.0431 |
| July | 39.6817 | 39.2501 | 39.3979 |
| August | 40.0760 | 39.2214 | 39.5839 |
| September | 39.8510 | 38.8916 | 39.3185 |
| October | 39.7437 | 38.7068 | 39.2253 |
| November | 39.1378 | 38.4296 | 38.8177 |
| December | 39.8572 | 38.2192 | 38.9136 |