YEARLY HIGH
0.0069 CAD
YEARLY LOW
0.0062 CAD
YEARLY AVERAGE
0.0067 CAD

2014 NGN to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the NGN to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 22, valuing the pair at 0.0069. Conversely, the yearly low was recorded on December 1, dropping to 0.0062.

This high-to-low spread represents a total annual volatility of 0.0007 CAD. From a start-to-finish perspective, comparing the January average rate of 0.0068 to the December average rate of 0.0063, the exchange rate registered a net change of -6.98% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0069 was up 3.05% compared to the 2013 peak of 0.0067, 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 6,936 CAD
2013 Average 6,468 CAD
Yearly Trough Low 6,204 CAD
Transaction Impact: A difference of 731.93 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0069
0.0063
JanuMarcMayJulySeptNove

NGN to CAD 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 0.0067, compared to 0.0066 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0067
H2 Avg (Jul–Dec) 0.0066

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 0.0005 CAD (High: 0.0069 / Low: 0.0064). On the other end, March was the most stable month, with a tight range of 0.0001 CAD (High: 0.0068 / Low: 0.0067).

November Spread (Volatile) ±0.0005
March Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0003 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 0.0068) against the same month in 2013 (average: 0.0063), the exchange rate shifted by +0.0005 (+7.78%).

2014 Avg (January) 0.0068
2013 Avg (January) 0.0063

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0069 0.0066 0.0068
February 0.0068 0.0067 0.0067
March 0.0068 0.0067 0.0067
April 0.0069 0.0067 0.0068
May 0.0069 0.0067 0.0067
June 0.0067 0.0065 0.0066
July 0.0067 0.0065 0.0066
August 0.0068 0.0067 0.0067
September 0.0068 0.0067 0.0067
October 0.0069 0.0068 0.0068
November 0.0069 0.0064 0.0066
December 0.0065 0.0062 0.0063