2014 NGN to CNY Historical Review

YEARLY HIGH

0.0392 CNY

YEARLY LOW

0.0335 CNY

YEARLY AVERAGE

0.0373 CNY

2014 NGN to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the NGN to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on May 5, valuing the pair at 0.0392. Conversely, the yearly low was recorded on December 23, dropping to 0.0335.

This high-to-low spread represents a total annual volatility of 0.0057 CNY. From a start-to-finish perspective, comparing the January average rate of 0.0379 to the December average rate of 0.0340, the exchange rate registered a net change of -10.43% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0392 was down 2.29% compared to the 2013 peak of 0.0401, 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 39,196 CNY

2013 Average 38,680 CNY

Yearly Trough Low 33,516 CNY

Transaction Impact: A difference of 5,680.10 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0389

0.0335

JanuMarcMayJulySeptNove

NGN to CNY 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 0.0379, compared to 0.0368 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.0379

H2 Avg (Jul–Dec) 0.0368

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 0.0026 CNY (High: 0.0370 / Low: 0.0344). On the other end, July was the most stable month, with a tight range of 0.0003 CNY (High: 0.0383 / Low: 0.0380).

November Spread (Volatile) ±0.0026

July Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between February and May, 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 0.0018 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 0.0385) against the same month in 2013 (average: 0.0389), the exchange rate shifted by -0.0004 (-1.15%).

2014 Avg (May) 0.0385

2013 Avg (May) 0.0389

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0383	0.0373	0.0379
February	0.0374	0.0368	0.0371
March	0.0377	0.0372	0.0374
April	0.0388	0.0376	0.0383
May	0.0392	0.0382	0.0385
June	0.0384	0.0379	0.0381
July	0.0383	0.0380	0.0382
August	0.0383	0.0378	0.0380
September	0.0379	0.0373	0.0376
October	0.0375	0.0369	0.0372
November	0.0370	0.0344	0.0357
December	0.0344	0.0335	0.0340