2014 NGN to ARS Historical Review

YEARLY HIGH

0.0519 ARS

YEARLY LOW

0.0407 ARS

YEARLY AVERAGE

0.0491 ARS

2014 NGN to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the NGN to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on August 24, valuing the pair at 0.0519. Conversely, the yearly low was recorded on January 1, dropping to 0.0407.

This high-to-low spread represents a total annual volatility of 0.0112 ARS. From a start-to-finish perspective, comparing the January average rate of 0.0436 to the December average rate of 0.0469, the exchange rate registered a net change of 7.63% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0519 was up 27.79% compared to the 2013 peak of 0.0406, 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 51,909 ARS

2013 Average 34,383 ARS

Yearly Trough Low 40,664 ARS

Transaction Impact: A difference of 11,245.54 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0524

0.0428

JanuMarcMayJulySeptNove

NGN to ARS 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 0.0481, compared to 0.0502 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0021 points.

H1 Avg (Jan–Jun) 0.0481

H2 Avg (Jul–Dec) 0.0502

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.0091 ARS (High: 0.0498 / Low: 0.0407). On the other end, June was the most stable month, with a tight range of 0.0004 ARS (High: 0.0500 / Low: 0.0497).

January Spread (Volatile) ±0.0091

June Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0027 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0027

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2014: 0.0513) against the same month in 2013 (average: 0.0347), the exchange rate shifted by +0.0166 (+48.00%).

2014 Avg (August) 0.0513

2013 Avg (August) 0.0347

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0498	0.0407	0.0436
February	0.0493	0.0474	0.0480
March	0.0485	0.0477	0.0481
April	0.0498	0.0485	0.0493
May	0.0503	0.0494	0.0497
June	0.0500	0.0497	0.0498
July	0.0507	0.0499	0.0502
August	0.0519	0.0508	0.0513
September	0.0518	0.0512	0.0516
October	0.0519	0.0512	0.0515
November	0.0514	0.0478	0.0496
December	0.0476	0.0462	0.0469