YEARLY HIGH
0.7441 NGN
YEARLY LOW
0.6625 NGN
YEARLY AVERAGE
0.7103 NGN

2014 HUF to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the HUF to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 1, valuing the pair at 0.7441. Conversely, the yearly low was recorded on October 3, dropping to 0.6625.

This high-to-low spread represents a total annual volatility of 0.0816 NGN. From a start-to-finish perspective, comparing the January average rate of 0.7232 to the December average rate of 0.7198, the exchange rate registered a net change of -0.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.7441 was down 0.75% compared to the 2013 peak of 0.7498, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 HUF based on timing:

Yearly Peak High 744,104 NGN
2013 Average 712,639 NGN
Yearly Trough Low 662,525 NGN
Transaction Impact: A difference of 81,579.44 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.7371
0.6654
JanuMarcMayJulySeptNove

HUF 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 0.7266, compared to 0.6941 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0325 points.

H1 Avg (Jan–Jun) 0.7266
H2 Avg (Jul–Dec) 0.6941

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 0.0564 NGN (High: 0.7254 / Low: 0.6690). On the other end, September was the most stable month, with a tight range of 0.0160 NGN (High: 0.6796 / Low: 0.6636).

November Spread (Volatile) ±0.0564
September Spread (Stable) ±0.0160

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0217 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0217

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.7198) against the same month in 2013 (average: 0.7274), the exchange rate shifted by -0.0076 (-1.05%).

2014 Avg (December) 0.7198
2013 Avg (December) 0.7274

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7423 0.7048 0.7232
February 0.7350 0.7007 0.7220
March 0.7388 0.7225 0.7311
April 0.7399 0.7176 0.7290
May 0.7349 0.7154 0.7294
June 0.7378 0.7184 0.7249
July 0.7153 0.6916 0.7093
August 0.6964 0.6773 0.6877
September 0.6796 0.6636 0.6714
October 0.6893 0.6625 0.6785
November 0.7254 0.6690 0.6979
December 0.7441 0.7003 0.7198