2014 GNF to NGN Historical Review

YEARLY HIGH

0.0263 NGN

YEARLY LOW

0.0227 NGN

YEARLY AVERAGE

0.0236 NGN

2014 GNF to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the GNF to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 22, valuing the pair at 0.0263. Conversely, the yearly low was recorded on January 5, dropping to 0.0227.

This high-to-low spread represents a total annual volatility of 0.0036 NGN. From a start-to-finish perspective, comparing the January average rate of 0.0229 to the December average rate of 0.0258, the exchange rate registered a net change of 12.56% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0263 was up 11.40% compared to the 2013 peak of 0.0236, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 132 NGN

2013 Average 113 NGN

Yearly Trough Low 114 NGN

Transaction Impact: A difference of 18.00 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0261

0.0226

JanuMarcMayJulySeptNove

GNF 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 0.0233, compared to 0.0239 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0233

H2 Avg (Jul–Dec) 0.0239

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 0.0020 NGN (High: 0.0254 / Low: 0.0234). On the other end, August was the most stable month, with a tight range of 0.0004 NGN (High: 0.0233 / Low: 0.0230).

November Spread (Volatile) ±0.0020

August Spread (Stable) ±0.0004

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 June and July, when the average rate fell by 0.0003 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.0258) against the same month in 2013 (average: 0.0228), the exchange rate shifted by +0.0030 (+13.01%).

2014 Avg (December) 0.0258

2013 Avg (December) 0.0228

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0234	0.0227	0.0229
February	0.0238	0.0229	0.0234
March	0.0239	0.0231	0.0235
April	0.0237	0.0229	0.0232
May	0.0235	0.0227	0.0231
June	0.0236	0.0232	0.0234
July	0.0234	0.0229	0.0231
August	0.0233	0.0230	0.0232
September	0.0235	0.0231	0.0233
October	0.0237	0.0232	0.0234
November	0.0254	0.0234	0.0244
December	0.0263	0.0254	0.0258