2014 BOB to NGN Historical Review

YEARLY HIGH

26.8024 NGN

YEARLY LOW

22.9563 NGN

YEARLY AVERAGE

23.8944 NGN

2014 BOB to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BOB to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 26.8024. Conversely, the yearly low was recorded on January 4, dropping to 22.9563.

This high-to-low spread represents a total annual volatility of 3.8461 NGN. From a start-to-finish perspective, comparing the January average rate of 23.1629 to the December average rate of 26.3382, the exchange rate registered a net change of 13.71% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 26.8024 was up 13.08% compared to the 2013 peak of 23.7014, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 134,012 NGN

2013 Average 114,652 NGN

Yearly Trough Low 114,781 NGN

Transaction Impact: A difference of 19,230.74 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

26.6558

22.8454

JanuMarcMayJulySeptNove

BOB 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 23.5307, compared to 24.2582 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7275 points.

H1 Avg (Jan–Jun) 23.5307

H2 Avg (Jul–Dec) 24.2582

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 1.8824 NGN (High: 25.8342 / Low: 23.9518). On the other end, March was the most stable month, with a tight range of 0.1673 NGN (High: 23.9070 / Low: 23.7397).

November Spread (Volatile) ±1.8824

March Spread (Stable) ±0.1673

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 0.3686 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.3686

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 26.3382) against the same month in 2013 (average: 23.0231), the exchange rate shifted by +3.3151 (+14.40%).

2014 Avg (December) 26.3382

2013 Avg (December) 23.0231

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	23.5413	22.9563	23.1629
February	23.9976	23.5042	23.7169
March	23.9070	23.7397	23.8333
April	23.8260	23.2600	23.4647
May	23.5894	23.0001	23.4032
June	23.7005	23.4920	23.6032
July	23.5907	23.3940	23.4797
August	23.5519	23.2747	23.4487
September	23.7248	23.4171	23.5963
October	23.9530	23.6636	23.8321
November	25.8342	23.9518	24.8541
December	26.8024	25.9834	26.3382