2014 NGN to BYR Historical Review

YEARLY HIGH

65.3486 BYR

YEARLY LOW

58.8901 BYR

YEARLY AVERAGE

62.0357 BYR

2014 NGN to BYR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the NGN to BYR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 15, valuing the pair at 65.3486. Conversely, the yearly low was recorded on February 13, dropping to 58.8901.

This high-to-low spread represents a total annual volatility of 6.4584 BYR. From a start-to-finish perspective, comparing the January average rate of 59.8810 to the December average rate of 60.2226, the exchange rate registered a net change of 0.57% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 65.3486 was up 9.48% compared to the 2013 peak of 59.6915, 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 65,348,567 BYR

2013 Average 55,874,808 BYR

Yearly Trough Low 58,890,145 BYR

Transaction Impact: A difference of 6,458,422.46 BYR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

65.3785

58.7494

JanuMarcMayJulySeptNove

NGN to BYR 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 60.7770, compared to 63.2943 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.5173 points.

H1 Avg (Jan–Jun) 60.7770

H2 Avg (Jul–Dec) 63.2943

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 3.8778 BYR (High: 64.7960 / Low: 60.9182). On the other end, September was the most stable month, with a tight range of 0.7025 BYR (High: 64.7437 / Low: 64.0412).

November Spread (Volatile) ±3.8778

September Spread (Stable) ±0.7025

Growth Streaks & Declines

Trends

Between February and October, 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 2.7539 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -2.7539

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2014: 64.8261) against the same month in 2013 (average: 57.3492), the exchange rate shifted by +7.4769 (+13.04%).

2014 Avg (October) 64.8261

2013 Avg (October) 57.3492

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	60.2408	59.1935	59.8810
February	59.6752	58.8901	59.3018
March	59.8895	59.1571	59.6683
April	62.1967	59.9814	61.3503
May	62.9323	61.6285	62.1004
June	62.7781	61.8797	62.3604
July	63.6994	62.5882	63.2098
August	64.3559	63.5463	64.0343
September	64.7437	64.0412	64.4968
October	65.3486	64.4457	64.8261
November	64.7960	60.9182	62.9765
December	61.8692	59.3432	60.2226