2014 IMP to NGN Historical Review

YEARLY HIGH

185.2614 NGN

YEARLY LOW

158.7557 NGN

YEARLY AVERAGE

165.1398 NGN

2014 IMP to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the IMP to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 185.2614. Conversely, the yearly low was recorded on January 4, dropping to 158.7557.

This high-to-low spread represents a total annual volatility of 26.5057 NGN. From a start-to-finish perspective, comparing the January average rate of 160.1122 to the December average rate of 182.0228, the exchange rate registered a net change of 13.68% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 185.2614 was up 13.04% compared to the 2013 peak of 163.8915, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 926,307 NGN

2013 Average 796,291 NGN

Yearly Trough Low 793,779 NGN

Transaction Impact: A difference of 132,528.51 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

184.2138

157.9211

JanuMarcMayJulySeptNove

IMP 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 162.6213, compared to 167.6582 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.0370 points.

H1 Avg (Jan–Jun) 162.6213

H2 Avg (Jul–Dec) 167.6582

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 12.9140 NGN (High: 178.5080 / Low: 165.5940). On the other end, March was the most stable month, with a tight range of 1.0478 NGN (High: 165.1060 / Low: 164.0582).

November Spread (Volatile) ±12.9140

March Spread (Stable) ±1.0478

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 2.5528 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -2.5528

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 182.0228) against the same month in 2013 (average: 159.1407), the exchange rate shifted by +22.8821 (+14.38%).

2014 Avg (December) 182.0228

2013 Avg (December) 159.1407

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	162.7141	158.7557	160.1122
February	165.4783	162.5994	163.8622
March	165.1060	164.0582	164.7575
April	164.8386	160.6499	162.2046
May	162.9792	158.9108	161.7263
June	163.6860	162.3590	163.0649
July	162.9692	161.7580	162.2662
August	162.7540	160.8927	162.0473
September	164.3322	162.2310	163.1712
October	165.7658	163.3387	164.7235
November	178.5080	165.5940	171.7185
December	185.2614	179.5320	182.0228