2014 NGN to DJF Historical Review

YEARLY HIGH

1.1263 DJF

YEARLY LOW

0.9643 DJF

YEARLY AVERAGE

1.0822 DJF

2014 NGN to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the NGN to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 1.1263. Conversely, the yearly low was recorded on December 23, dropping to 0.9643.

This high-to-low spread represents a total annual volatility of 0.1620 DJF. From a start-to-finish perspective, comparing the January average rate of 1.1119 to the December average rate of 0.9800, the exchange rate registered a net change of -11.87% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.1263 was down 1.23% compared to the 2013 peak of 1.1404, 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 1,126,289 DJF

2013 Average 1,114,804 DJF

Yearly Trough Low 964,272 DJF

Transaction Impact: A difference of 162,017.07 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.1251

0.9668

JanuMarcMayJulySeptNove

NGN to DJF 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 1.0970, compared to 1.0673 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0297 points.

H1 Avg (Jan–Jun) 1.0970

H2 Avg (Jul–Dec) 1.0673

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 0.0841 DJF (High: 1.0828 / Low: 0.9988). On the other end, March was the most stable month, with a tight range of 0.0113 DJF (High: 1.0859 / Low: 1.0746).

November Spread (Volatile) ±0.0841

March Spread (Stable) ±0.0113

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 0.0605 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0605

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 1.1119) against the same month in 2013 (average: 1.1316), the exchange rate shifted by -0.0197 (-1.74%).

2014 Avg (January) 1.1119

2013 Avg (January) 1.1316

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1263	1.0934	1.1119
February	1.0966	1.0732	1.0867
March	1.0859	1.0746	1.0806
April	1.1161	1.0820	1.1012
May	1.1225	1.0958	1.1056
June	1.1036	1.0901	1.0960
July	1.1087	1.0951	1.1015
August	1.1148	1.0966	1.1034
September	1.1026	1.0825	1.0945
October	1.0907	1.0740	1.0840
November	1.0828	0.9988	1.0405
December	0.9945	0.9643	0.9800