2014 NGN to BBD Historical Review

YEARLY HIGH

0.0126 BBD

YEARLY LOW

0.0108 BBD

YEARLY AVERAGE

0.0121 BBD

2014 NGN to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the NGN to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 0.0126. Conversely, the yearly low was recorded on December 23, dropping to 0.0108.

This high-to-low spread represents a total annual volatility of 0.0018 BBD. From a start-to-finish perspective, comparing the January average rate of 0.0125 to the December average rate of 0.0110, 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 0.0126 was down 2.06% compared to the 2013 peak of 0.0129, 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 12,598 BBD

2013 Average 12,560 BBD

Yearly Trough Low 10,796 BBD

Transaction Impact: A difference of 1,802.42 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0126

0.0108

JanuMarcMayJulySeptNove

NGN to BBD 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 0.0123, compared to 0.0120 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0123

H2 Avg (Jul–Dec) 0.0120

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 0.0009 BBD (High: 0.0121 / Low: 0.0112). On the other end, March was the most stable month, with a tight range of 0.0001 BBD (High: 0.0122 / Low: 0.0121).

November Spread (Volatile) ±0.0009

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 0.0007 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 0.0125) against the same month in 2013 (average: 0.0128), the exchange rate shifted by -0.0003 (-2.08%).

2014 Avg (January) 0.0125

2013 Avg (January) 0.0128

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0126	0.0123	0.0125
February	0.0123	0.0121	0.0122
March	0.0122	0.0121	0.0121
April	0.0124	0.0121	0.0123
May	0.0126	0.0123	0.0124
June	0.0123	0.0122	0.0123
July	0.0124	0.0123	0.0123
August	0.0124	0.0123	0.0123
September	0.0123	0.0122	0.0123
October	0.0122	0.0121	0.0121
November	0.0121	0.0112	0.0117
December	0.0111	0.0108	0.0110