2014 PGK to TOP Historical Review

YEARLY HIGH

0.7906 TOP

YEARLY LOW

0.6447 TOP

YEARLY AVERAGE

0.7359 TOP

2014 PGK to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the PGK to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 6, valuing the pair at 0.7906. Conversely, the yearly low was recorded on May 27, dropping to 0.6447.

This high-to-low spread represents a total annual volatility of 0.1459 TOP. From a start-to-finish perspective, comparing the January average rate of 0.7449 to the December average rate of 0.7608, the exchange rate registered a net change of 2.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.7906 was down 8.48% compared to the 2013 peak of 0.8639, 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 3,953 TOP

2013 Average 3,922 TOP

Yearly Trough Low 3,223 TOP

Transaction Impact: A difference of 729.49 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.7940

0.6459

JanuMarcMayJulySeptNove

PGK to TOP 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 0.7052, compared to 0.7666 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0614 points.

H1 Avg (Jan–Jun) 0.7052

H2 Avg (Jul–Dec) 0.7666

Volatility Range Comparison

Volatility

The most volatile month in 2014 was June, with a trading range of 0.1107 TOP (High: 0.7614 / Low: 0.6507). On the other end, January was the most stable month, with a tight range of 0.0114 TOP (High: 0.7513 / Low: 0.7399).

June Spread (Volatile) ±0.1107

January Spread (Stable) ±0.0114

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 0.0437 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0437

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2014: 0.7816) against the same month in 2013 (average: 0.6932), the exchange rate shifted by +0.0885 (+12.76%).

2014 Avg (October) 0.7816

2013 Avg (October) 0.6932

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7513	0.7399	0.7449
February	0.7483	0.7137	0.7330
March	0.7382	0.6869	0.7097
April	0.6939	0.6537	0.6660
May	0.6667	0.6447	0.6583
June	0.7614	0.6507	0.7193
July	0.7610	0.7380	0.7544
August	0.7650	0.7397	0.7540
September	0.7881	0.7456	0.7680
October	0.7906	0.7692	0.7816
November	0.7871	0.7684	0.7805
December	0.7698	0.7538	0.7608