2014 TOP to PGK Historical Review

YEARLY HIGH

1.5511 PGK

YEARLY LOW

1.2649 PGK

YEARLY AVERAGE

1.3637 PGK

2014 TOP to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the TOP to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 27, valuing the pair at 1.5511. Conversely, the yearly low was recorded on October 6, dropping to 1.2649.

This high-to-low spread represents a total annual volatility of 0.2862 PGK. From a start-to-finish perspective, comparing the January average rate of 1.3425 to the December average rate of 1.3144, the exchange rate registered a net change of -2.09% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.5511 was up 4.64% compared to the 2013 peak of 1.4823, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 TOP based on timing:

Yearly Peak High 7,756 PGK

2013 Average 6,403 PGK

Yearly Trough Low 6,324 PGK

Transaction Impact: A difference of 1,431.23 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.5432

1.2555

JanuMarcMayJulySeptNove

TOP to PGK 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 1.4224, compared to 1.3049 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1175 points.

H1 Avg (Jan–Jun) 1.4224

H2 Avg (Jul–Dec) 1.3049

Volatility Range Comparison

Volatility

The most volatile month in 2014 was June, with a trading range of 0.2234 PGK (High: 1.5368 / Low: 1.3134). On the other end, January was the most stable month, with a tight range of 0.0205 PGK (High: 1.3516 / Low: 1.3311).

June Spread (Volatile) ±0.2234

January Spread (Stable) ±0.0205

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.1223 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.1223

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 1.5192) against the same month in 2013 (average: 1.2410), the exchange rate shifted by +0.2782 (+22.42%).

2014 Avg (May) 1.5192

2013 Avg (May) 1.2410

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.3516	1.3311	1.3425
February	1.4011	1.3363	1.3646
March	1.4559	1.3547	1.4096
April	1.5298	1.4411	1.5017
May	1.5511	1.4999	1.5192
June	1.5368	1.3134	1.3969
July	1.3550	1.3141	1.3256
August	1.3518	1.3072	1.3263
September	1.3411	1.2689	1.3024
October	1.3001	1.2649	1.2795
November	1.3014	1.2704	1.2813
December	1.3265	1.2990	1.3144