2014 CNY to NGN Historical Review

YEARLY HIGH

29.8363 NGN

YEARLY LOW

25.5126 NGN

YEARLY AVERAGE

26.8142 NGN

2014 CNY to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the CNY to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 29.8363. Conversely, the yearly low was recorded on May 5, dropping to 25.5126.

This high-to-low spread represents a total annual volatility of 4.3237 NGN. From a start-to-finish perspective, comparing the January average rate of 26.3787 to the December average rate of 29.4498, the exchange rate registered a net change of 11.64% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 29.8363 was up 11.55% compared to the 2013 peak of 26.7466, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 CNY based on timing:

Yearly Peak High 745,907 NGN

2013 Average 646,512 NGN

Yearly Trough Low 637,814 NGN

Transaction Impact: A difference of 108,092.31 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

29.7964

25.6370

JanuMarcMayJulySeptNove

CNY 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 26.3897, compared to 27.2386 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8489 points.

H1 Avg (Jan–Jun) 26.3897

H2 Avg (Jul–Dec) 27.2386

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 2.0138 NGN (High: 29.0657 / Low: 27.0519). On the other end, July was the most stable month, with a tight range of 0.1871 NGN (High: 26.2987 / Low: 26.1116).

November Spread (Volatile) ±2.0138

July Spread (Stable) ±0.1871

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.6140 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.6140

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 29.4498) against the same month in 2013 (average: 26.1514), the exchange rate shifted by +3.2983 (+12.61%).

2014 Avg (December) 29.4498

2013 Avg (December) 26.1514

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	26.7996	26.0997	26.3787
February	27.1441	26.7464	26.9305
March	26.9029	26.5200	26.7149
April	26.5875	25.7454	26.1010
May	26.1863	25.5126	25.9836
June	26.3757	26.0438	26.2296
July	26.2987	26.1116	26.1990
August	26.4828	26.0782	26.3233
September	26.8029	26.3930	26.5706
October	27.0985	26.6386	26.8758
November	29.0657	27.0519	28.0131
December	29.8363	29.0645	29.4498