YEARLY HIGH
2.3809 NGN
YEARLY LOW
2.0446 NGN
YEARLY AVERAGE
2.1291 NGN

2014 BDT to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BDT to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 2.3809. Conversely, the yearly low was recorded on January 4, dropping to 2.0446.

This high-to-low spread represents a total annual volatility of 0.3364 NGN. From a start-to-finish perspective, comparing the January average rate of 2.0614 to the December average rate of 2.3463, the exchange rate registered a net change of 13.82% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 2.3809 was up 12.63% compared to the 2013 peak of 2.1139, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,905 NGN
2013 Average 10,197 NGN
Yearly Trough Low 10,223 NGN
Transaction Impact: A difference of 1,681.81 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

2.3748
2.0329
JanuMarcMayJulySeptNove

BDT 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 2.0945, compared to 2.1636 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0690 points.

H1 Avg (Jan–Jun) 2.0945
H2 Avg (Jul–Dec) 2.1636

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 0.1689 NGN (High: 2.3076 / Low: 2.1387). On the other end, July was the most stable month, with a tight range of 0.0163 NGN (High: 2.0995 / Low: 2.0832).

November Spread (Volatile) ±0.1689
July Spread (Stable) ±0.0163

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 0.0325 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0325

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 2.3463) against the same month in 2013 (average: 2.0492), the exchange rate shifted by +0.2971 (+14.50%).

2014 Avg (December) 2.3463
2013 Avg (December) 2.0492

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.0943 2.0446 2.0614
February 2.1328 2.0907 2.1108
March 2.1292 2.1108 2.1208
April 2.1222 2.0689 2.0883
May 2.1031 2.0469 2.0843
June 2.1108 2.0930 2.1016
July 2.0995 2.0832 2.0905
August 2.0993 2.0749 2.0902
September 2.1201 2.0912 2.1063
October 2.1389 2.1124 2.1281
November 2.3076 2.1387 2.2200
December 2.3809 2.3214 2.3463