2014 PGK to YER Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 PGK to YER Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the PGK to YER exchange rate experienced significant fluctuation. The market reached its absolute peak on June 30, valuing the pair at 88.6310. Conversely, the yearly low was recorded on May 27, dropping to 74.7244.
This high-to-low spread represents a total annual volatility of 13.9066 YER. From a start-to-finish perspective, comparing the January average rate of 86.0392 to the December average rate of 83.3155, the exchange rate registered a net change of -3.17% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2014 high of 88.6310 was down 17.20% compared to the 2013 peak of 107.0444, 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 YER 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 81.7183, compared to 85.8809 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.1626 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was June, with a trading range of 13.7941 YER (High: 88.6310 / Low: 74.8369). On the other end, July was the most stable month, with a tight range of 0.8745 YER (High: 88.5837 / Low: 87.7092).
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 4.0328 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2014: 83.2635) against the same month in 2013 (average: 96.5441), the exchange rate shifted by -13.2807 (-13.76%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 86.5268 | 85.4337 | 86.0392 |
| February | 85.4317 | 82.3329 | 84.2770 |
| March | 85.4669 | 79.5216 | 82.1973 |
| April | 81.0817 | 76.7620 | 78.1645 |
| May | 77.3934 | 74.7244 | 76.3684 |
| June | 88.6310 | 74.8369 | 83.2635 |
| July | 88.5837 | 87.7092 | 88.0302 |
| August | 87.8470 | 86.6449 | 87.2427 |
| September | 87.0450 | 85.9946 | 86.6473 |
| October | 86.7764 | 85.0055 | 85.7009 |
| November | 85.1569 | 83.5927 | 84.3489 |
| December | 84.1669 | 82.6072 | 83.3155 |