YEARLY HIGH
0.0444 EGP
YEARLY LOW
0.0386 EGP
YEARLY AVERAGE
0.0429 EGP

2014 NGN to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the NGN to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on August 5, valuing the pair at 0.0444. Conversely, the yearly low was recorded on December 23, dropping to 0.0386.

This high-to-low spread represents a total annual volatility of 0.0059 EGP. From a start-to-finish perspective, comparing the January average rate of 0.0435 to the December average rate of 0.0393, the exchange rate registered a net change of -9.64% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0444 was up 0.42% compared to the 2013 peak of 0.0443, 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 44,447 EGP
2013 Average 43,165 EGP
Yearly Trough Low 38,595 EGP
Transaction Impact: A difference of 5,852.64 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0446
0.0388
JanuMarcMayJulySeptNove

NGN to EGP 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 0.0432, compared to 0.0427 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) 0.0432
H2 Avg (Jul–Dec) 0.0427

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 0.0031 EGP (High: 0.0432 / Low: 0.0401). On the other end, March was the most stable month, with a tight range of 0.0003 EGP (High: 0.0424 / Low: 0.0422).

November Spread (Volatile) ±0.0031
March Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0024 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0024

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2014: 0.0441) against the same month in 2013 (average: 0.0434), the exchange rate shifted by +0.0007 (+1.63%).

2014 Avg (August) 0.0441
2013 Avg (August) 0.0434

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0438 0.0428 0.0435
February 0.0429 0.0421 0.0425
March 0.0424 0.0422 0.0423
April 0.0436 0.0423 0.0431
May 0.0441 0.0435 0.0438
June 0.0440 0.0437 0.0438
July 0.0442 0.0438 0.0441
August 0.0444 0.0439 0.0441
September 0.0441 0.0436 0.0438
October 0.0438 0.0431 0.0434
November 0.0432 0.0401 0.0417
December 0.0398 0.0386 0.0393