2014 MDL to NGN Historical Review

YEARLY HIGH

12.4216 NGN

YEARLY LOW

11.1115 NGN

YEARLY AVERAGE

11.7959 NGN

2014 MDL to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MDL to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 12.4216. Conversely, the yearly low was recorded on October 4, dropping to 11.1115.

This high-to-low spread represents a total annual volatility of 1.3100 NGN. From a start-to-finish perspective, comparing the January average rate of 12.1493 to the December average rate of 11.7999, the exchange rate registered a net change of -2.88% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 12.4216 was down 6.78% compared to the 2013 peak of 13.3250, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 62,108 NGN

2013 Average 63,540 NGN

Yearly Trough Low 55,558 NGN

Transaction Impact: A difference of 6,550.22 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

12.3637

11.1360

JanuMarcMayJulySeptNove

MDL 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 12.0472, compared to 11.5447 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5025 points.

H1 Avg (Jan–Jun) 12.0472

H2 Avg (Jul–Dec) 11.5447

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 0.7174 NGN (High: 11.9011 / Low: 11.1837). On the other end, July was the most stable month, with a tight range of 0.1163 NGN (High: 11.6780 / Low: 11.5617).

November Spread (Volatile) ±0.7174

July Spread (Stable) ±0.1163

Growth Streaks & Declines

Trends

Between October and December, 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 0.3142 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.3142

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2014: 12.2614) against the same month in 2013 (average: 12.8418), the exchange rate shifted by -0.5804 (-4.52%).

2014 Avg (March) 12.2614

2013 Avg (March) 12.8418

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.3073	11.9969	12.1493
February	12.2649	12.0698	12.1375
March	12.4216	12.0147	12.2614
April	12.3541	11.9008	12.1082
May	11.9996	11.7595	11.9107
June	11.8484	11.6130	11.7160
July	11.6780	11.5617	11.6205
August	11.8711	11.5755	11.7195
September	11.5666	11.2685	11.4054
October	11.3687	11.1115	11.2383
November	11.9011	11.1837	11.4844
December	12.1836	11.6283	11.7999