2014 ALL to NGN Historical Review

YEARLY HIGH

1.6311 NGN

YEARLY LOW

1.4698 NGN

YEARLY AVERAGE

1.5658 NGN

2014 ALL to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ALL to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 13, valuing the pair at 1.6311. Conversely, the yearly low was recorded on October 3, dropping to 1.4698.

This high-to-low spread represents a total annual volatility of 0.1613 NGN. From a start-to-finish perspective, comparing the January average rate of 1.5512 to the December average rate of 1.5995, the exchange rate registered a net change of 3.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.6311 was up 2.87% compared to the 2013 peak of 1.5856, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8,156 NGN

2013 Average 7,538 NGN

Yearly Trough Low 7,349 NGN

Transaction Impact: A difference of 806.62 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.6356

1.4848

JanuMarcMayJulySeptNove

ALL to NGN 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 1.5894, compared to 1.5422 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0471 points.

H1 Avg (Jan–Jun) 1.5894

H2 Avg (Jul–Dec) 1.5422

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 0.1014 NGN (High: 1.5865 / Low: 1.4851). On the other end, June was the most stable month, with a tight range of 0.0171 NGN (High: 1.5944 / Low: 1.5773).

November Spread (Volatile) ±0.1014

June Spread (Stable) ±0.0171

Growth Streaks & Declines

Trends

Between January and March, 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 August and September, when the average rate fell by 0.0471 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0471

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2014: 1.6231) against the same month in 2013 (average: 1.4687), the exchange rate shifted by +0.1543 (+10.51%).

2014 Avg (March) 1.6231

2013 Avg (March) 1.4687

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.5786	1.5351	1.5512
February	1.6263	1.5624	1.5933
March	1.6311	1.6093	1.6231
April	1.6236	1.5879	1.5997
May	1.6020	1.5738	1.5861
June	1.5944	1.5773	1.5828
July	1.5872	1.5576	1.5704
August	1.5634	1.5320	1.5497
September	1.5314	1.4798	1.5027
October	1.5169	1.4698	1.4974
November	1.5865	1.4851	1.5338
December	1.6279	1.5825	1.5995