2014 BHD to NGN Historical Review

YEARLY HIGH

491.3327 NGN

YEARLY LOW

421.0881 NGN

YEARLY AVERAGE

438.0060 NGN

2014 BHD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BHD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 491.3327. Conversely, the yearly low was recorded on January 4, dropping to 421.0881.

This high-to-low spread represents a total annual volatility of 70.2445 NGN. From a start-to-finish perspective, comparing the January average rate of 424.7240 to the December average rate of 482.7784, the exchange rate registered a net change of 13.67% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 491.3327 was up 13.03% compared to the 2013 peak of 434.7024, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,456,663 NGN

2013 Average 2,112,148 NGN

Yearly Trough Low 2,105,441 NGN

Transaction Impact: A difference of 351,222.63 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

488.5838

418.9185

JanuMarcMayJulySeptNove

BHD 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 431.3329, compared to 444.6791 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 13.3463 points.

H1 Avg (Jan–Jun) 431.3329

H2 Avg (Jul–Dec) 444.6791

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 34.2785 NGN (High: 473.4722 / Low: 439.1936). On the other end, March was the most stable month, with a tight range of 2.7316 NGN (High: 437.8935 / Low: 435.1619).

November Spread (Volatile) ±34.2785

March Spread (Stable) ±2.7316

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 6.8445 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -6.8445

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 482.7784) against the same month in 2013 (average: 422.1813), the exchange rate shifted by +60.5971 (+14.35%).

2014 Avg (December) 482.7784

2013 Avg (December) 422.1813

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	431.5886	421.0881	424.7240
February	438.8239	430.9735	434.6314
March	437.8935	435.1619	437.0107
April	437.2562	426.0977	430.1662
May	432.3056	421.5118	428.9705
June	434.1136	430.6559	432.4943
July	432.2607	429.0379	430.3919
August	431.5841	426.7315	429.7569
September	435.2030	430.3014	432.7641
October	439.6493	433.2281	436.8982
November	473.4722	439.1936	455.4853
December	491.3327	476.2248	482.7784