YEARLY HIGH
0.0567 BWP
YEARLY LOW
0.0505 BWP
YEARLY AVERAGE
0.0544 BWP

2014 NGN to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the NGN to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 0.0567. Conversely, the yearly low was recorded on December 1, dropping to 0.0505.

This high-to-low spread represents a total annual volatility of 0.0062 BWP. From a start-to-finish perspective, comparing the January average rate of 0.0558 to the December average rate of 0.0520, the exchange rate registered a net change of -6.83% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0567 was up 2.74% compared to the 2013 peak of 0.0552, 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 56,723 BWP
2013 Average 52,725 BWP
Yearly Trough Low 50,481 BWP
Transaction Impact: A difference of 6,241.91 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0561
0.0516
JanuMarcMayJulySeptNove

NGN to BWP 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 0.0544, compared to 0.0544 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0544
H2 Avg (Jul–Dec) 0.0544

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 0.0044 BWP (High: 0.0560 / Low: 0.0517). On the other end, July was the most stable month, with a tight range of 0.0008 BWP (High: 0.0548 / Low: 0.0540).

November Spread (Volatile) ±0.0044
July Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0019 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0019

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2014: 0.0557) against the same month in 2013 (average: 0.0530), the exchange rate shifted by +0.0027 (+5.06%).

2014 Avg (October) 0.0557
2013 Avg (October) 0.0530

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0563 0.0543 0.0558
February 0.0562 0.0534 0.0548
March 0.0542 0.0532 0.0537
April 0.0547 0.0532 0.0540
May 0.0549 0.0533 0.0538
June 0.0547 0.0536 0.0542
July 0.0548 0.0540 0.0545
August 0.0552 0.0543 0.0548
September 0.0565 0.0548 0.0557
October 0.0567 0.0550 0.0557
November 0.0560 0.0517 0.0538
December 0.0529 0.0505 0.0520