2014 BWP to NGN Historical Review

YEARLY HIGH

19.8094 NGN

YEARLY LOW

17.6295 NGN

YEARLY AVERAGE

18.3931 NGN

2014 BWP to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BWP to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 1, valuing the pair at 19.8094. Conversely, the yearly low was recorded on October 3, dropping to 17.6295.

This high-to-low spread represents a total annual volatility of 2.1799 NGN. From a start-to-finish perspective, comparing the January average rate of 17.9328 to the December average rate of 19.2491, the exchange rate registered a net change of 7.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 19.8094 was down 1.47% compared to the 2013 peak of 20.1048, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 99,047 NGN

2013 Average 94,891 NGN

Yearly Trough Low 88,148 NGN

Transaction Impact: A difference of 10,899.33 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

19.3807

17.8012

JanuMarcMayJulySeptNove

BWP 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 18.3904, compared to 18.3957 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0053 points.

H1 Avg (Jan–Jun) 18.3904

H2 Avg (Jul–Dec) 18.3957

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 1.5188 NGN (High: 19.3602 / Low: 17.8414). On the other end, July was the most stable month, with a tight range of 0.2722 NGN (High: 18.5101 / Low: 18.2378).

November Spread (Volatile) ±1.5188

July Spread (Stable) ±0.2722

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.3121 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.3121

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 19.2491) against the same month in 2013 (average: 18.2861), the exchange rate shifted by +0.9630 (+5.27%).

2014 Avg (December) 19.2491

2013 Avg (December) 18.2861

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	18.4016	17.7684	17.9328
February	18.7373	17.8006	18.2416
March	18.8018	18.4366	18.6212
April	18.7804	18.2869	18.5066
May	18.7452	18.2145	18.5819
June	18.6542	18.2859	18.4584
July	18.5101	18.2378	18.3589
August	18.4038	18.1028	18.2566
September	18.2569	17.7067	17.9445
October	18.1857	17.6295	17.9609
November	19.3602	17.8414	18.6041
December	19.8094	18.9109	19.2491