2014 JPY to NGN Historical Review

YEARLY HIGH

1.6250 NGN

YEARLY LOW

1.4490 NGN

YEARLY AVERAGE

1.5614 NGN

2014 JPY to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the JPY to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 15, valuing the pair at 1.6250. Conversely, the yearly low was recorded on November 9, dropping to 1.4490.

This high-to-low spread represents a total annual volatility of 0.1760 NGN. From a start-to-finish perspective, comparing the January average rate of 1.5409 to the December average rate of 1.5228, the exchange rate registered a net change of -1.18% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.6250 was down 9.84% compared to the 2013 peak of 1.8024, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 JPY based on timing:

Yearly Peak High 812,499 NGN

2013 Average 816,471 NGN

Yearly Trough Low 724,484 NGN

Transaction Impact: A difference of 88,015.74 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.6235

1.4644

JanuMarcMayJulySeptNove

JPY 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 1.5874, compared to 1.5355 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0519 points.

H1 Avg (Jan–Jun) 1.5874

H2 Avg (Jul–Dec) 1.5355

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.0786 NGN (High: 1.5932 / Low: 1.5145). On the other end, June was the most stable month, with a tight range of 0.0243 NGN (High: 1.6074 / Low: 1.5831).

January Spread (Volatile) ±0.0786

June Spread (Stable) ±0.0243

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0542 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0542

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2014: 1.6102) against the same month in 2013 (average: 1.6708), the exchange rate shifted by -0.0606 (-3.63%).

2014 Avg (March) 1.6102

2013 Avg (March) 1.6708

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.5932	1.5145	1.5409
February	1.6240	1.5889	1.6043
March	1.6250	1.5936	1.6102
April	1.6033	1.5687	1.5829
May	1.6085	1.5553	1.5880
June	1.6074	1.5831	1.5981
July	1.6041	1.5761	1.5950
August	1.5951	1.5547	1.5735
September	1.5588	1.4943	1.5194
October	1.5477	1.4844	1.5247
November	1.5057	1.4490	1.4777
December	1.5552	1.4960	1.5228