2014 HTG to NGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 HTG to NGN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the HTG to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 22, valuing the pair at 4.2565. Conversely, the yearly low was recorded on May 5, dropping to 3.5404.
This high-to-low spread represents a total annual volatility of 0.7161 NGN. From a start-to-finish perspective, comparing the January average rate of 3.7313 to the December average rate of 3.9126, the exchange rate registered a net change of 4.86% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2014 high of 4.2565 was up 3.63% compared to the 2013 peak of 4.1074, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 HTG based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2014.
HTG to NGN Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 3.7272, compared to 3.6958 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0314 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was February, with a trading range of 0.5006 NGN (High: 4.2565 / Low: 3.7559). On the other end, July was the most stable month, with a tight range of 0.0514 NGN (High: 3.6349 / Low: 3.5835).
Growth Streaks & Declines
TrendsBetween 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 February and March, when the average rate fell by 0.3416 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2014: 4.0665) against the same month in 2013 (average: 3.7004), the exchange rate shifted by +0.3660 (+9.89%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 3.9202 | 3.6386 | 3.7313 |
| February | 4.2565 | 3.7559 | 4.0665 |
| March | 3.8029 | 3.6213 | 3.7249 |
| April | 3.7085 | 3.5802 | 3.6320 |
| May | 3.6353 | 3.5404 | 3.5941 |
| June | 3.6463 | 3.5866 | 3.6146 |
| July | 3.6349 | 3.5835 | 3.6157 |
| August | 3.6316 | 3.5658 | 3.6079 |
| September | 3.6705 | 3.6115 | 3.6414 |
| October | 3.7141 | 3.6413 | 3.6720 |
| November | 3.8398 | 3.6006 | 3.7251 |
| December | 3.9766 | 3.8566 | 3.9126 |