YEARLY HIGH
0.0880 NGN
YEARLY LOW
0.0742 NGN
YEARLY AVERAGE
0.0827 NGN

2014 COP to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the COP to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on July 4, valuing the pair at 0.0880. Conversely, the yearly low was recorded on December 15, dropping to 0.0742.

This high-to-low spread represents a total annual volatility of 0.0138 NGN. From a start-to-finish perspective, comparing the January average rate of 0.0817 to the December average rate of 0.0777, the exchange rate registered a net change of -4.90% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0880 was down 1.28% compared to the 2013 peak of 0.0891, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 439,777 NGN
2013 Average 426,195 NGN
Yearly Trough Low 370,801 NGN
Transaction Impact: A difference of 68,975.60 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0883
0.0767
JanuMarcMayJulySeptNove

COP 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 0.0830, compared to 0.0824 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) 0.0830
H2 Avg (Jul–Dec) 0.0824

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.0077 NGN (High: 0.0818 / Low: 0.0742). On the other end, June was the most stable month, with a tight range of 0.0015 NGN (High: 0.0870 / Low: 0.0855).

December Spread (Volatile) ±0.0077
June Spread (Stable) ±0.0015

Growth Streaks & Declines

Trends

Between February and July, 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 November and December, when the average rate fell by 0.0030 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0030

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2014: 0.0873) against the same month in 2013 (average: 0.0847), the exchange rate shifted by +0.0026 (+3.04%).

2014 Avg (July) 0.0873
2013 Avg (July) 0.0847

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0831 0.0802 0.0817
February 0.0811 0.0795 0.0804
March 0.0839 0.0802 0.0817
April 0.0845 0.0828 0.0837
May 0.0857 0.0826 0.0844
June 0.0870 0.0855 0.0864
July 0.0880 0.0863 0.0873
August 0.0863 0.0838 0.0854
September 0.0852 0.0809 0.0826
October 0.0816 0.0794 0.0804
November 0.0823 0.0792 0.0807
December 0.0818 0.0742 0.0777