2014 IRR to NGN Historical Review

YEARLY HIGH

0.0069 NGN

YEARLY LOW

0.0061 NGN

YEARLY AVERAGE

0.0064 NGN

2014 IRR to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the IRR to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 0.0069. Conversely, the yearly low was recorded on August 28, dropping to 0.0061.

This high-to-low spread represents a total annual volatility of 0.0008 NGN. From a start-to-finish perspective, comparing the January average rate of 0.0065 to the December average rate of 0.0068, the exchange rate registered a net change of 4.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0069 was down 47.96% compared to the 2013 peak of 0.0132, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 34 NGN

2013 Average 51 NGN

Yearly Trough Low 31 NGN

Transaction Impact: A difference of 3.89 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0068

0.0061

JanuMarcMayJulySeptNove

IRR 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 0.0065, compared to 0.0063 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0065

H2 Avg (Jul–Dec) 0.0063

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 0.0005 NGN (High: 0.0067 / Low: 0.0062). On the other end, June was the most stable month, with a tight range of 0.0001 NGN (High: 0.0064 / Low: 0.0064).

November Spread (Volatile) ±0.0005

June Spread (Stable) ±0.0001

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 March and April, when the average rate fell by 0.0002 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.0068) against the same month in 2013 (average: 0.0064), the exchange rate shifted by +0.0003 (+5.32%).

2014 Avg (December) 0.0068

2013 Avg (December) 0.0064

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0066	0.0064	0.0065
February	0.0067	0.0065	0.0066
March	0.0066	0.0065	0.0066
April	0.0065	0.0063	0.0064
May	0.0064	0.0062	0.0063
June	0.0064	0.0064	0.0064
July	0.0064	0.0062	0.0063
August	0.0062	0.0061	0.0061
September	0.0062	0.0061	0.0061
October	0.0062	0.0061	0.0062
November	0.0067	0.0062	0.0064
December	0.0069	0.0067	0.0068