YEARLY HIGH
0.0231 AED
YEARLY LOW
0.0198 AED
YEARLY AVERAGE
0.0223 AED

2014 NGN to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the NGN to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 0.0231. Conversely, the yearly low was recorded on December 23, dropping to 0.0198.

This high-to-low spread represents a total annual volatility of 0.0033 AED. From a start-to-finish perspective, comparing the January average rate of 0.0229 to the December average rate of 0.0202, the exchange rate registered a net change of -12.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0231 was down 2.07% compared to the 2013 peak of 0.0236, 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 23,135 AED
2013 Average 23,066 AED
Yearly Trough Low 19,826 AED
Transaction Impact: A difference of 3,309.22 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0232
0.0199
JanuMarcMayJulySeptNove

NGN to AED 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 0.0226, compared to 0.0219 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0226
H2 Avg (Jul–Dec) 0.0219

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 0.0016 AED (High: 0.0222 / Low: 0.0206). On the other end, March was the most stable month, with a tight range of 0.0001 AED (High: 0.0224 / Low: 0.0222).

November Spread (Volatile) ±0.0016
March Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between March and May, 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 November and December, when the average rate fell by 0.0012 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 0.0229) against the same month in 2013 (average: 0.0234), the exchange rate shifted by -0.0005 (-2.08%).

2014 Avg (January) 0.0229
2013 Avg (January) 0.0234

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0231 0.0226 0.0229
February 0.0226 0.0222 0.0224
March 0.0224 0.0222 0.0223
April 0.0229 0.0223 0.0226
May 0.0231 0.0225 0.0227
June 0.0226 0.0224 0.0225
July 0.0227 0.0225 0.0226
August 0.0228 0.0226 0.0227
September 0.0226 0.0224 0.0225
October 0.0225 0.0222 0.0223
November 0.0222 0.0206 0.0214
December 0.0205 0.0198 0.0202