YEARLY HIGH
119.0006 STD
YEARLY LOW
106.7908 STD
YEARLY AVERAGE
111.8856 STD

2014 NGN to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the NGN to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 6, valuing the pair at 119.0006. Conversely, the yearly low was recorded on March 15, dropping to 106.7908.

This high-to-low spread represents a total annual volatility of 12.2099 STD. From a start-to-finish perspective, comparing the January average rate of 112.4562 to the December average rate of 109.3610, the exchange rate registered a net change of -2.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 119.0006 was down 1.71% compared to the 2013 peak of 121.0694, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 NGN based on timing:

Yearly Peak High 119,000,625 STD
2013 Average 116,026,792 STD
Yearly Trough Low 106,790,763 STD
Transaction Impact: A difference of 12,209,861.92 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

118.3892
106.6260
JanuMarcMayJulySeptNove

NGN to STD 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: JanтАУJun) was 110.0071, compared to 113.7642 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 3.7571 points.

H1 Avg (JanтАУJun) 110.0071
H2 Avg (JulтАУDec) 113.7642

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 8.6949 STD (High: 118.8659 / Low: 110.1711). On the other end, June was the most stable month, with a tight range of 1.2338 STD (High: 110.9996 / Low: 109.7658).

November Spread (Volatile) ┬▒8.6949
June Spread (Stable) ┬▒1.2338

Growth Streaks & Declines

Trends

Between March and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 5.1937 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -5.1937

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2014: 117.4089) against the same month in 2013 (average: 112.4636), the exchange rate shifted by +4.9453 (+4.40%).

2014 Avg (October) 117.4089
2013 Avg (October) 112.4636

рдорд╛рд╕рд┐рдХ рд╡рд┐рд╢реНрд▓реЗрд╖рдг

рдкреНрд░рддреНрдпреЗрдХ рдХреЕрд▓реЗрдВрдбрд░ рдорд╣рд┐рдиреНрдпрд╛рд╕рд╛рдареА рд╕рд╛рдВрдЦреНрдпрд┐рдХреАрдп рд╕рд╛рд░рд╛рдВрд╢.

Month High Low Average
January 113.6346 110.2135 112.4562
February 111.7753 107.1161 109.6011
March 108.9265 106.7908 107.6063
April 110.1692 107.7988 109.4677
May 111.3826 109.1826 110.3771
June 110.9996 109.7658 110.5340
July 112.9863 110.0767 111.3528
August 114.7461 112.3344 113.5374
September 118.1001 114.8262 116.3703
October 119.0006 116.0251 117.4089
November 118.8659 110.1711 114.5547
December 110.2342 107.0183 109.3610