2014 AZN to NGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 AZN to NGN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the AZN to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 235.9215. Conversely, the yearly low was recorded on January 4, dropping to 202.4687.
This high-to-low spread represents a total annual volatility of 33.4529 NGN. From a start-to-finish perspective, comparing the January average rate of 204.1704 to the December average rate of 232.1237, the exchange rate registered a net change of 13.69% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2014 high of 235.9215 was up 12.89% compared to the 2013 peak of 208.9920, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 AZN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2014.
AZN to NGN 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 207.3838, compared to 213.8209 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6.4371 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was November, with a trading range of 16.4493 NGN (High: 227.6211 / Low: 211.1719). On the other end, March was the most stable month, with a tight range of 1.3857 NGN (High: 210.5902 / Low: 209.2045).
Growth Streaks & Declines
TrendsBetween August and December, 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 March and April, when the average rate fell by 3.2611 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2014: 232.1237) against the same month in 2013 (average: 202.9282), the exchange rate shifted by +29.1955 (+14.39%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 207.4906 | 202.4687 | 204.1704 |
| February | 210.9885 | 207.3707 | 208.9574 |
| March | 210.5902 | 209.2045 | 210.1199 |
| April | 210.2177 | 204.9281 | 206.8588 |
| May | 207.7756 | 202.6580 | 206.2314 |
| June | 208.7477 | 207.0377 | 207.9647 |
| July | 207.8159 | 206.3153 | 206.9395 |
| August | 207.5856 | 205.1855 | 206.6811 |
| September | 209.6074 | 206.8922 | 208.1186 |
| October | 211.3909 | 208.2958 | 210.0872 |
| November | 227.6211 | 211.1719 | 218.9754 |
| December | 235.9215 | 228.8198 | 232.1237 |