2014 MGA to NGN Historical Review

YEARLY HIGH

0.0720 NGN

YEARLY LOW

0.0602 NGN

YEARLY AVERAGE

0.0670 NGN

2014 MGA to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MGA to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 0.0720. Conversely, the yearly low was recorded on October 15, dropping to 0.0602.

This high-to-low spread represents a total annual volatility of 0.0118 NGN. From a start-to-finish perspective, comparing the January average rate of 0.0706 to the December average rate of 0.0700, the exchange rate registered a net change of -0.87% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0720 was down 3.54% compared to the 2013 peak of 0.0746, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 360 NGN

2013 Average 360 NGN

Yearly Trough Low 301 NGN

Transaction Impact: A difference of 58.87 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0716

0.0601

JanuMarcMayJulySeptNove

MGA 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 0.0693, compared to 0.0646 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0048 points.

H1 Avg (Jan–Jun) 0.0693

H2 Avg (Jul–Dec) 0.0646

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 0.0053 NGN (High: 0.0665 / Low: 0.0612). On the other end, February was the most stable month, with a tight range of 0.0011 NGN (High: 0.0710 / Low: 0.0699).

November Spread (Volatile) ±0.0053

February Spread (Stable) ±0.0011

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 July and August, when the average rate fell by 0.0018 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.0700) against the same month in 2013 (average: 0.0706), the exchange rate shifted by -0.0006 (-0.86%).

2014 Avg (December) 0.0700

2013 Avg (December) 0.0706

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0715	0.0699	0.0706
February	0.0710	0.0699	0.0705
March	0.0709	0.0697	0.0702
April	0.0706	0.0675	0.0688
May	0.0688	0.0668	0.0681
June	0.0691	0.0669	0.0678
July	0.0672	0.0649	0.0660
August	0.0655	0.0634	0.0643
September	0.0641	0.0616	0.0628
October	0.0619	0.0602	0.0610
November	0.0665	0.0612	0.0634
December	0.0720	0.0676	0.0700