2014 MVR to NGN Historical Review

YEARLY HIGH

12.1235 NGN

YEARLY LOW

10.3143 NGN

YEARLY AVERAGE

10.7324 NGN

2014 MVR to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MVR to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 12.1235. Conversely, the yearly low was recorded on January 4, dropping to 10.3143.

This high-to-low spread represents a total annual volatility of 1.8091 NGN. From a start-to-finish perspective, comparing the January average rate of 10.3991 to the December average rate of 11.9069, the exchange rate registered a net change of 14.50% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 12.1235 was up 13.52% compared to the 2013 peak of 10.6798, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 60,617 NGN

2013 Average 51,772 NGN

Yearly Trough Low 51,572 NGN

Transaction Impact: A difference of 9,045.55 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

12.0576

10.2484

JanuMarcMayJulySeptNove

MVR 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 10.5532, compared to 10.9116 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3584 points.

H1 Avg (Jan–Jun) 10.5532

H2 Avg (Jul–Dec) 10.9116

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 0.9301 NGN (High: 11.6925 / Low: 10.7624). On the other end, March was the most stable month, with a tight range of 0.0962 NGN (High: 10.7264 / Low: 10.6302).

November Spread (Volatile) ±0.9301

March Spread (Stable) ±0.0962

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 0.1644 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.1644

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 11.9069) against the same month in 2013 (average: 10.3465), the exchange rate shifted by +1.5604 (+15.08%).

2014 Avg (December) 11.9069

2013 Avg (December) 10.3465

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.5561	10.3143	10.3991
February	10.7570	10.5252	10.6365
March	10.7264	10.6302	10.6954
April	10.6793	10.4236	10.5309
May	10.5709	10.3252	10.4941
June	10.6024	10.4640	10.5632
July	10.5952	10.4936	10.5338
August	10.5849	10.4404	10.5311
September	10.6864	10.5278	10.6034
October	10.7794	10.6145	10.6933
November	11.6925	10.7624	11.2010
December	12.1235	11.7339	11.9069