2014 BBD to NGN Historical Review

YEARLY HIGH

92.6307 NGN

YEARLY LOW

79.3778 NGN

YEARLY AVERAGE

82.5699 NGN

2014 BBD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BBD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 92.6307. Conversely, the yearly low was recorded on January 4, dropping to 79.3778.

This high-to-low spread represents a total annual volatility of 13.2529 NGN. From a start-to-finish perspective, comparing the January average rate of 80.0561 to the December average rate of 91.0114, the exchange rate registered a net change of 13.68% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 92.6307 was up 13.04% compared to the 2013 peak of 81.9458, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 463,154 NGN

2013 Average 398,145 NGN

Yearly Trough Low 396,889 NGN

Transaction Impact: A difference of 66,264.25 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

92.1069

78.9605

JanuMarcMayJulySeptNove

BBD 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 81.3106, compared to 83.8291 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.5185 points.

H1 Avg (Jan–Jun) 81.3106

H2 Avg (Jul–Dec) 83.8291

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 6.4570 NGN (High: 89.2540 / Low: 82.7970). On the other end, March was the most stable month, with a tight range of 0.5239 NGN (High: 82.5530 / Low: 82.0291).

November Spread (Volatile) ±6.4570

March Spread (Stable) ±0.5239

Growth Streaks & Declines

Trends

Between 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 1.2764 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -1.2764

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 91.0114) against the same month in 2013 (average: 79.5704), the exchange rate shifted by +11.4410 (+14.38%).

2014 Avg (December) 91.0114

2013 Avg (December) 79.5704

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	81.3570	79.3778	80.0561
February	82.7392	81.2997	81.9311
March	82.5530	82.0291	82.3787
April	82.4193	80.3249	81.1023
May	81.4896	79.4554	80.8631
June	81.8430	81.1795	81.5324
July	81.4846	80.8790	81.1331
August	81.3770	80.4464	81.0237
September	82.1661	81.1155	81.5856
October	82.8829	81.6693	82.3618
November	89.2540	82.7970	85.8593
December	92.6307	89.7660	91.0114