YEARLY HIGH
0.1585 NGN
YEARLY LOW
0.1356 NGN
YEARLY AVERAGE
0.1408 NGN

2014 IQD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the IQD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 0.1585. Conversely, the yearly low was recorded on January 12, dropping to 0.1356.

This high-to-low spread represents a total annual volatility of 0.0229 NGN. From a start-to-finish perspective, comparing the January average rate of 0.1373 to the December average rate of 0.1548, the exchange rate registered a net change of 12.79% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.1585 was up 12.72% compared to the 2013 peak of 0.1406, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 793 NGN
2013 Average 685 NGN
Yearly Trough Low 678 NGN
Transaction Impact: A difference of 114.43 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.1566
0.1355
JanuMarcMayJulySeptNove

IQD 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 0.1391, compared to 0.1426 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0035 points.

H1 Avg (Jan–Jun) 0.1391
H2 Avg (Jul–Dec) 0.1426

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 0.0112 NGN (High: 0.1517 / Low: 0.1404). On the other end, June was the most stable month, with a tight range of 0.0021 NGN (High: 0.1399 / Low: 0.1378).

November Spread (Volatile) ±0.0112
June Spread (Stable) ±0.0021

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 0.0020 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0020

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.1548) against the same month in 2013 (average: 0.1367), the exchange rate shifted by +0.0182 (+13.31%).

2014 Avg (December) 0.1548
2013 Avg (December) 0.1367

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1397 0.1356 0.1373
February 0.1421 0.1385 0.1405
March 0.1418 0.1388 0.1411
April 0.1407 0.1379 0.1392
May 0.1395 0.1365 0.1378
June 0.1399 0.1378 0.1386
July 0.1394 0.1372 0.1381
August 0.1397 0.1366 0.1379
September 0.1408 0.1378 0.1390
October 0.1424 0.1387 0.1402
November 0.1517 0.1404 0.1458
December 0.1585 0.1506 0.1548