2014 NGN to CVE Historical Review

YEARLY HIGH

0.5352 CVE

YEARLY LOW

0.4768 CVE

YEARLY AVERAGE

0.5013 CVE

2014 NGN to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the NGN to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 0.5352. Conversely, the yearly low was recorded on March 14, dropping to 0.4768.

This high-to-low spread represents a total annual volatility of 0.0584 CVE. From a start-to-finish perspective, comparing the January average rate of 0.5042 to the December average rate of 0.4904, the exchange rate registered a net change of -2.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.5352 was down 1.79% compared to the 2013 peak of 0.5449, 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 535,165 CVE

2013 Average 520,785 CVE

Yearly Trough Low 476,771 CVE

Transaction Impact: A difference of 58,393.67 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.5306

0.4772

JanuMarcMayJulySeptNove

NGN to CVE 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 0.4927, compared to 0.5099 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0173 points.

H1 Avg (Jan–Jun) 0.4927

H2 Avg (Jul–Dec) 0.5099

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 0.0380 CVE (High: 0.5315 / Low: 0.4935). On the other end, June was the most stable month, with a tight range of 0.0054 CVE (High: 0.4969 / Low: 0.4915).

November Spread (Volatile) ±0.0380

June Spread (Stable) ±0.0054

Growth Streaks & Declines

Trends

Between March and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0226 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0226

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2014: 0.5261) against the same month in 2013 (average: 0.5030), the exchange rate shifted by +0.0231 (+4.59%).

2014 Avg (October) 0.5261

2013 Avg (October) 0.5030

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5101	0.4934	0.5042
February	0.5003	0.4810	0.4905
March	0.4890	0.4768	0.4817
April	0.4937	0.4828	0.4903
May	0.4977	0.4896	0.4941
June	0.4969	0.4915	0.4952
July	0.5064	0.4923	0.4992
August	0.5140	0.5024	0.5083
September	0.5298	0.5141	0.5225
October	0.5352	0.5184	0.5261
November	0.5315	0.4935	0.5130
December	0.4959	0.4799	0.4904