2014 JMD to NGN Historical Review

YEARLY HIGH

1.6187 NGN

YEARLY LOW

1.4289 NGN

YEARLY AVERAGE

1.4893 NGN

2014 JMD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the JMD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 1.6187. Conversely, the yearly low was recorded on August 5, dropping to 1.4289.

This high-to-low spread represents a total annual volatility of 0.1898 NGN. From a start-to-finish perspective, comparing the January average rate of 1.5049 to the December average rate of 1.5974, the exchange rate registered a net change of 6.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.6187 was down 5.29% compared to the 2013 peak of 1.7091, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8,094 NGN

2013 Average 7,989 NGN

Yearly Trough Low 7,145 NGN

Transaction Impact: A difference of 949.14 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.6131

1.4241

JanuMarcMayJulySeptNove

JMD 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 1.4923, compared to 1.4862 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0061 points.

H1 Avg (Jan–Jun) 1.4923

H2 Avg (Jul–Dec) 1.4862

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 0.1074 NGN (High: 1.5761 / Low: 1.4687). On the other end, September was the most stable month, with a tight range of 0.0165 NGN (High: 1.4566 / Low: 1.4401).

November Spread (Volatile) ±0.1074

September Spread (Stable) ±0.0165

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 0.0350 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0350

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 1.5974) against the same month in 2013 (average: 1.5230), the exchange rate shifted by +0.0744 (+4.89%).

2014 Avg (December) 1.5974

2013 Avg (December) 1.5230

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.5211	1.4964	1.5049
February	1.5367	1.5132	1.5241
March	1.5298	1.5074	1.5154
April	1.5093	1.4638	1.4804
May	1.4723	1.4448	1.4636
June	1.4749	1.4571	1.4655
July	1.4564	1.4359	1.4446
August	1.4474	1.4289	1.4398
September	1.4566	1.4401	1.4490
October	1.4716	1.4538	1.4648
November	1.5761	1.4687	1.5218
December	1.6187	1.5768	1.5974