YEARLY HIGH
2.6438 AMD
YEARLY LOW
2.3678 AMD
YEARLY AVERAGE
2.5266 AMD

2014 NGN to AMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the NGN to AMD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 2.6438. Conversely, the yearly low was recorded on November 22, dropping to 2.3678.

This high-to-low spread represents a total annual volatility of 0.2760 AMD. From a start-to-finish perspective, comparing the January average rate of 2.5367 to the December average rate of 2.5284, the exchange rate registered a net change of -0.33% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 2.6438 was down 1.19% compared to the 2013 peak of 2.6757, 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 2,643,832 AMD
2013 Average 2,590,310 AMD
Yearly Trough Low 2,367,804 AMD
Transaction Impact: A difference of 276,027.91 AMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

2.5876
2.4236
JanuMarcMayJulySeptNove

NGN to AMD 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 2.5470, compared to 2.5063 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0407 points.

H1 Avg (Jan–Jun) 2.5470
H2 Avg (Jul–Dec) 2.5063

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.2528 AMD (High: 2.6438 / Low: 2.3910). On the other end, July was the most stable month, with a tight range of 0.0091 AMD (High: 2.5369 / Low: 2.5278).

December Spread (Volatile) ±0.2528
July Spread (Stable) ±0.0091

Growth Streaks & Declines

Trends

Between February and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0495 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0495

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 2.5284) against the same month in 2013 (average: 2.5697), the exchange rate shifted by -0.0413 (-1.61%).

2014 Avg (December) 2.5284
2013 Avg (December) 2.5697

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.5617 2.5027 2.5367
February 2.5507 2.5110 2.5294
March 2.5415 2.5173 2.5300
April 2.5989 2.5241 2.5717
May 2.6223 2.5520 2.5740
June 2.5643 2.5223 2.5401
July 2.5369 2.5278 2.5329
August 2.5600 2.5273 2.5464
September 2.5322 2.4828 2.5061
October 2.5078 2.4729 2.4868
November 2.4909 2.3678 2.4372
December 2.6438 2.3910 2.5284