YEARLY HIGH
0.0170 NGN
YEARLY LOW
0.0153 NGN
YEARLY AVERAGE
0.0161 NGN

2014 BYR to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BYR to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 13, valuing the pair at 0.0170. Conversely, the yearly low was recorded on October 15, dropping to 0.0153.

This high-to-low spread represents a total annual volatility of 0.0017 NGN. From a start-to-finish perspective, comparing the January average rate of 0.0167 to the December average rate of 0.0166, the exchange rate registered a net change of -0.56% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0170 was down 8.62% compared to the 2013 peak of 0.0186, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 85 NGN
2013 Average 90 NGN
Yearly Trough Low 77 NGN
Transaction Impact: A difference of 8.39 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0170
0.0153
JanuMarcMayJulySeptNove

BYR 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 0.0165, compared to 0.0158 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0165
H2 Avg (Jul–Dec) 0.0158

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 0.0010 NGN (High: 0.0164 / Low: 0.0154). On the other end, September was the most stable month, with a tight range of 0.0002 NGN (High: 0.0156 / Low: 0.0154).

November Spread (Volatile) ±0.0010
September Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0005 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2014: 0.0169) against the same month in 2013 (average: 0.0182), the exchange rate shifted by -0.0013 (-7.32%).

2014 Avg (February) 0.0169
2013 Avg (February) 0.0182

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0169 0.0166 0.0167
February 0.0170 0.0168 0.0169
March 0.0169 0.0167 0.0168
April 0.0167 0.0161 0.0163
May 0.0162 0.0159 0.0161
June 0.0162 0.0159 0.0160
July 0.0160 0.0157 0.0158
August 0.0157 0.0155 0.0156
September 0.0156 0.0154 0.0155
October 0.0155 0.0153 0.0154
November 0.0164 0.0154 0.0159
December 0.0169 0.0162 0.0166