YEARLY HIGH
0.0126 BZD
YEARLY LOW
0.0108 BZD
YEARLY AVERAGE
0.0121 BZD

2014 NGN to BZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the NGN to BZD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 5, 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 BZD. 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 -11.84% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0126 was down 1.74% 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 12,641 BZD
2013 Average 12,540 BZD
Yearly Trough Low 10,797 BZD
Transaction Impact: A difference of 1,843.47 BZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0126
0.0108
JanuMarcMayJulySeptNove

NGN to BZD 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 0.0119 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0123
H2 Avg (Jul–Dec) 0.0119

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 0.0009 BZD (High: 0.0121 / Low: 0.0112). On the other end, July was the most stable month, with a tight range of 0.0001 BZD (High: 0.0124 / Low: 0.0123).

November Spread (Volatile) ±0.0009
July 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 (May 2014: 0.0124) against the same month in 2013 (average: 0.0127), the exchange rate shifted by -0.0003 (-2.07%).

2014 Avg (May) 0.0124
2013 Avg (May) 0.0127

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0126 0.0123 0.0125
February 0.0123 0.0120 0.0121
March 0.0122 0.0120 0.0121
April 0.0125 0.0122 0.0124
May 0.0126 0.0123 0.0124
June 0.0123 0.0122 0.0122
July 0.0124 0.0123 0.0123
August 0.0124 0.0123 0.0123
September 0.0123 0.0122 0.0122
October 0.0122 0.0121 0.0121
November 0.0121 0.0112 0.0116
December 0.0111 0.0108 0.0110