2014 ARS to NGN Historical Review

YEARLY HIGH

24.5918 NGN

YEARLY LOW

19.2643 NGN

YEARLY AVERAGE

20.4024 NGN

2014 ARS to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ARS to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 24.5918. Conversely, the yearly low was recorded on August 24, dropping to 19.2643.

This high-to-low spread represents a total annual volatility of 5.3275 NGN. From a start-to-finish perspective, comparing the January average rate of 23.0362 to the December average rate of 21.3023, the exchange rate registered a net change of -7.53% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 24.5918 was down 22.86% compared to the 2013 peak of 31.8812, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 122,959 NGN

2013 Average 146,151 NGN

Yearly Trough Low 96,322 NGN

Transaction Impact: A difference of 26,637.60 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

23.4011

19.0223

JanuMarcMayJulySeptNove

ARS 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 20.8560, compared to 19.9488 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.9073 points.

H1 Avg (Jan–Jun) 20.8560

H2 Avg (Jul–Dec) 19.9488

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 4.5073 NGN (High: 24.5918 / Low: 20.0845). On the other end, June was the most stable month, with a tight range of 0.1449 NGN (High: 20.1394 / Low: 19.9945).

January Spread (Volatile) ±4.5073

June Spread (Stable) ±0.1449

Growth Streaks & Declines

Trends

Between September and December, 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 January and February, when the average rate fell by 2.1857 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -2.1857

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 23.0362) against the same month in 2013 (average: 31.6986), the exchange rate shifted by -8.6624 (-27.33%).

2014 Avg (January) 23.0362

2013 Avg (January) 31.6986

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	24.5918	20.0845	23.0362
February	21.1120	20.2777	20.8505
March	20.9764	20.6088	20.7910
April	20.6019	20.0797	20.2675
May	20.2498	19.8624	20.1229
June	20.1394	19.9945	20.0680
July	20.0301	19.7315	19.9020
August	19.6825	19.2643	19.4966
September	19.5142	19.2972	19.3872
October	19.5188	19.2754	19.4307
November	20.9360	19.4592	20.1737
December	21.6672	20.9951	21.3023