2014 NGN to ALL Historical Review

YEARLY HIGH

0.6804 ALL

YEARLY LOW

0.6131 ALL

YEARLY AVERAGE

0.6391 ALL

2014 NGN to ALL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the NGN to ALL exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 0.6804. Conversely, the yearly low was recorded on March 13, dropping to 0.6131.

This high-to-low spread represents a total annual volatility of 0.0673 ALL. From a start-to-finish perspective, comparing the January average rate of 0.6447 to the December average rate of 0.6252, the exchange rate registered a net change of -3.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.6804 was down 2.19% compared to the 2013 peak of 0.6956, 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 680,355 ALL

2013 Average 663,644 ALL

Yearly Trough Low 613,067 ALL

Transaction Impact: A difference of 67,288.63 ALL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.6731

0.6110

JanuMarcMayJulySeptNove

NGN to ALL 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 0.6293, compared to 0.6488 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0195 points.

H1 Avg (Jan–Jun) 0.6293

H2 Avg (Jul–Dec) 0.6488

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 0.0430 ALL (High: 0.6733 / Low: 0.6303). On the other end, June was the most stable month, with a tight range of 0.0068 ALL (High: 0.6340 / Low: 0.6272).

November Spread (Volatile) ±0.0430

June Spread (Stable) ±0.0068

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 0.0270 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0270

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2014: 0.6679) against the same month in 2013 (average: 0.6460), the exchange rate shifted by +0.0219 (+3.40%).

2014 Avg (October) 0.6679

2013 Avg (October) 0.6460

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6514	0.6335	0.6447
February	0.6400	0.6149	0.6277
March	0.6214	0.6131	0.6161
April	0.6298	0.6159	0.6251
May	0.6354	0.6242	0.6305
June	0.6340	0.6272	0.6318
July	0.6420	0.6300	0.6368
August	0.6527	0.6396	0.6453
September	0.6758	0.6530	0.6655
October	0.6804	0.6592	0.6679
November	0.6733	0.6303	0.6523
December	0.6319	0.6143	0.6252