2014 LRD to NGN Historical Review

YEARLY HIGH

2.0628 NGN

YEARLY LOW

1.7423 NGN

YEARLY AVERAGE

1.8736 NGN

2014 LRD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the LRD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 11, valuing the pair at 2.0628. Conversely, the yearly low was recorded on August 4, dropping to 1.7423.

This high-to-low spread represents a total annual volatility of 0.3205 NGN. From a start-to-finish perspective, comparing the January average rate of 1.9129 to the December average rate of 1.9893, the exchange rate registered a net change of 3.99% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 2.0628 was down 5.07% compared to the 2013 peak of 2.1729, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,314 NGN

2013 Average 10,398 NGN

Yearly Trough Low 8,712 NGN

Transaction Impact: A difference of 1,602.50 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

2.0239

1.7453

JanuMarcMayJulySeptNove

LRD 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 1.9157, compared to 1.8315 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0842 points.

H1 Avg (Jan–Jun) 1.9157

H2 Avg (Jul–Dec) 1.8315

Volatility Range Comparison

Volatility

The most volatile month in 2014 was June, with a trading range of 0.1609 NGN (High: 1.9591 / Low: 1.7982). On the other end, September was the most stable month, with a tight range of 0.0228 NGN (High: 1.7958 / Low: 1.7730).

June Spread (Volatile) ±0.1609

September Spread (Stable) ±0.0228

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 0.1000 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.1000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2014: 2.0007) against the same month in 2013 (average: 2.1306), the exchange rate shifted by -0.1299 (-6.10%).

2014 Avg (March) 2.0007

2013 Avg (March) 2.1306

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.9772	1.8606	1.9129
February	1.9354	1.9017	1.9165
March	2.0628	1.9188	2.0007
April	1.9279	1.8789	1.9007
May	2.0014	1.8586	1.9088
June	1.9591	1.7982	1.8546
July	1.8006	1.7498	1.7707
August	1.7786	1.7423	1.7685
September	1.7958	1.7730	1.7833
October	1.8118	1.7849	1.8003
November	1.9507	1.8100	1.8767
December	2.0249	1.9619	1.9893