2014 HKD to NGN Historical Review

YEARLY HIGH

23.8847 NGN

YEARLY LOW

20.4733 NGN

YEARLY AVERAGE

21.2954 NGN

2014 HKD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the HKD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 23.8847. Conversely, the yearly low was recorded on January 4, dropping to 20.4733.

This high-to-low spread represents a total annual volatility of 3.4114 NGN. From a start-to-finish perspective, comparing the January average rate of 20.6400 to the December average rate of 23.4722, the exchange rate registered a net change of 13.72% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 23.8847 was up 13.03% compared to the 2013 peak of 21.1321, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 597,118 NGN

2013 Average 513,292 NGN

Yearly Trough Low 511,832 NGN

Transaction Impact: A difference of 85,286.12 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

23.7555

20.3568

JanuMarcMayJulySeptNove

HKD 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 20.9673, compared to 21.6235 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6563 points.

H1 Avg (Jan–Jun) 20.9673

H2 Avg (Jul–Dec) 21.6235

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 1.6669 NGN (High: 23.0203 / Low: 21.3534). On the other end, March was the most stable month, with a tight range of 0.1438 NGN (High: 21.2827 / Low: 21.1389).

November Spread (Volatile) ±1.6669

March Spread (Stable) ±0.1438

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.3102 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.3102

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 23.4722) against the same month in 2013 (average: 20.5240), the exchange rate shifted by +2.9483 (+14.36%).

2014 Avg (December) 23.4722

2013 Avg (December) 20.5240

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	20.9571	20.4733	20.6400
February	21.3370	20.9381	21.1205
March	21.2827	21.1389	21.2282
April	21.2511	20.7213	20.9180
May	21.0232	20.4984	20.8611
June	21.1142	20.9400	21.0357
July	21.0276	20.8719	20.9363
August	21.0002	20.7601	20.9079
September	21.1796	20.9322	21.0477
October	21.3754	21.0570	21.2330
November	23.0203	21.3534	22.1440
December	23.8847	23.1578	23.4722