2014 JOD to NGN Historical Review

YEARLY HIGH

260.5602 NGN

YEARLY LOW

224.4034 NGN

YEARLY AVERAGE

233.2478 NGN

2014 JOD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the JOD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 260.5602. Conversely, the yearly low was recorded on May 5, dropping to 224.4034.

This high-to-low spread represents a total annual volatility of 36.1568 NGN. From a start-to-finish perspective, comparing the January average rate of 226.4653 to the December average rate of 257.0231, the exchange rate registered a net change of 13.49% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 260.5602 was up 12.68% compared to the 2013 peak of 231.2301, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,302,801 NGN

2013 Average 1,124,467 NGN

Yearly Trough Low 1,122,017 NGN

Transaction Impact: A difference of 180,783.94 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

260.0789

223.4095

JanuMarcMayJulySeptNove

JOD 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 229.7578, compared to 236.7378 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6.9800 points.

H1 Avg (Jan–Jun) 229.7578

H2 Avg (Jul–Dec) 236.7378

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 19.0464 NGN (High: 252.8886 / Low: 233.8422). On the other end, July was the most stable month, with a tight range of 1.5632 NGN (High: 230.0317 / Low: 228.4685).

November Spread (Volatile) ±19.0464

July Spread (Stable) ±1.5632

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 3.8863 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -3.8863

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 257.0231) against the same month in 2013 (average: 224.8742), the exchange rate shifted by +32.1490 (+14.30%).

2014 Avg (December) 257.0231

2013 Avg (December) 224.8742

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	230.1622	224.5719	226.4653
February	233.8123	229.6673	231.6310
March	233.8842	231.6284	232.9215
April	232.7387	226.8515	229.0351
May	230.1128	224.4034	228.3178
June	231.1472	229.0831	230.1759
July	230.0317	228.4685	229.0541
August	229.9141	227.3369	228.9429
September	231.7031	229.0777	230.2631
October	234.2178	230.1725	232.2890
November	252.8886	233.8422	242.8547
December	260.5602	253.7538	257.0231