YEARLY HIGH
229.2240 NGN
YEARLY LOW
204.9069 NGN
YEARLY AVERAGE
219.1791 NGN

2014 EUR to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the EUR to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 15, valuing the pair at 229.2240. Conversely, the yearly low was recorded on October 3, dropping to 204.9069.

This high-to-low spread represents a total annual volatility of 24.3170 NGN. From a start-to-finish perspective, comparing the January average rate of 218.0759 to the December average rate of 224.0253, the exchange rate registered a net change of 2.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 229.2240 was up 3.08% compared to the 2013 peak of 222.3646, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,146,120 NGN
2013 Average 1,057,786 NGN
Yearly Trough Low 1,024,535 NGN
Transaction Impact: A difference of 121,585.19 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

229.6836
206.7918
JanuMarcMayJulySeptNove

EUR 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 222.9265, compared to 215.4317 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 7.4948 points.

H1 Avg (Jan–Jun) 222.9265
H2 Avg (Jul–Dec) 215.4317

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 15.4652 NGN (High: 222.2471 / Low: 206.7819). On the other end, June was the most stable month, with a tight range of 2.6062 NGN (High: 223.3475 / Low: 220.7413).

November Spread (Volatile) ±15.4652
June Spread (Stable) ±2.6062

Growth Streaks & Declines

Trends

Between January and March, 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 August and September, when the average rate fell by 5.5369 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -5.5369

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2014: 227.7760) against the same month in 2013 (average: 205.2528), the exchange rate shifted by +22.5231 (+10.97%).

2014 Avg (March) 227.7760
2013 Avg (March) 205.2528

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 222.3180 215.7312 218.0759
February 228.3594 219.5651 223.8464
March 229.2240 225.3513 227.7760
April 227.3739 222.1889 223.9848
May 224.4253 220.4886 222.0707
June 223.3475 220.7413 221.8053
July 222.7185 216.7601 219.7408
August 218.2239 213.1234 215.7551
September 213.5612 206.8196 210.2182
October 211.5442 204.9069 208.6994
November 222.2471 206.7819 214.1513
December 227.9817 221.1927 224.0253