YEARLY HIGH
66.3639 NGN
YEARLY LOW
59.5114 NGN
YEARLY AVERAGE
63.4846 NGN

2014 LTL to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the LTL to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 15, valuing the pair at 66.3639. Conversely, the yearly low was recorded on October 3, dropping to 59.5114.

This high-to-low spread represents a total annual volatility of 6.8525 NGN. From a start-to-finish perspective, comparing the January average rate of 63.1663 to the December average rate of 64.8929, the exchange rate registered a net change of 2.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 66.3639 was up 3.12% compared to the 2013 peak of 64.3586, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 331,819 NGN
2013 Average 306,333 NGN
Yearly Trough Low 297,557 NGN
Transaction Impact: A difference of 34,262.28 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

66.5254
59.8908
JanuMarcMayJulySeptNove

LTL 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 64.5635, compared to 62.4056 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.1579 points.

H1 Avg (Jan–Jun) 64.5635
H2 Avg (Jul–Dec) 62.4056

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 4.5105 NGN (High: 64.3729 / Low: 59.8625). On the other end, June was the most stable month, with a tight range of 0.7097 NGN (High: 64.6809 / Low: 63.9712).

November Spread (Volatile) ±4.5105
June Spread (Stable) ±0.7097

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 1.5931 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.5931

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2014: 65.9725) against the same month in 2013 (average: 59.4690), the exchange rate shifted by +6.5035 (+10.94%).

2014 Avg (March) 65.9725
2013 Avg (March) 59.4690

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 64.3921 62.5242 63.1663
February 66.0399 63.6199 64.8154
March 66.3639 65.2715 65.9725
April 65.8307 64.3884 64.8670
May 65.0007 63.8570 64.3269
June 64.6809 63.9712 64.2330
July 64.4915 62.7859 63.6487
August 63.1825 61.7983 62.5057
September 61.8258 59.9546 60.9126
October 61.2172 59.5114 60.4437
November 64.3729 59.8625 62.0299
December 66.0032 64.1617 64.8929