YEARLY HIGH
2.9636 NGN
YEARLY LOW
2.5517 NGN
YEARLY AVERAGE
2.7068 NGN

2014 INR to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the INR to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 9, valuing the pair at 2.9636. Conversely, the yearly low was recorded on January 4, dropping to 2.5517.

This high-to-low spread represents a total annual volatility of 0.4119 NGN. From a start-to-finish perspective, comparing the January average rate of 2.5815 to the December average rate of 2.8976, the exchange rate registered a net change of 12.24% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 2.9636 was down 0.21% compared to the 2013 peak of 2.9697, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 INR based on timing:

Yearly Peak High 740,897 NGN
2013 Average 682,670 NGN
Yearly Trough Low 637,921 NGN
Transaction Impact: A difference of 102,975.60 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

2.9292
2.5499
JanuMarcMayJulySeptNove

INR 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 2.6778, compared to 2.7358 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0580 points.

H1 Avg (Jan–Jun) 2.6778
H2 Avg (Jul–Dec) 2.7358

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 0.1751 NGN (High: 2.8727 / Low: 2.6976). On the other end, July was the most stable month, with a tight range of 0.0495 NGN (High: 2.7267 / Low: 2.6773).

November Spread (Volatile) ±0.1751
July Spread (Stable) ±0.0495

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 July and August, when the average rate fell by 0.0393 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0393

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 2.8976) against the same month in 2013 (average: 2.5735), the exchange rate shifted by +0.3241 (+12.59%).

2014 Avg (December) 2.8976
2013 Avg (December) 2.5735

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.6089 2.5517 2.5815
February 2.6759 2.5995 2.6365
March 2.7543 2.6507 2.7013
April 2.7504 2.6387 2.6879
May 2.7829 2.6413 2.7284
June 2.7734 2.7040 2.7312
July 2.7267 2.6773 2.7032
August 2.6885 2.6272 2.6639
September 2.7018 2.6488 2.6808
October 2.7069 2.6511 2.6847
November 2.8727 2.6976 2.7844
December 2.9636 2.8409 2.8976