YEARLY HIGH
0.0119 FJD
YEARLY LOW
0.0107 FJD
YEARLY AVERAGE
0.0114 FJD

2014 NGN to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the NGN to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 0.0119. Conversely, the yearly low was recorded on December 1, dropping to 0.0107.

This high-to-low spread represents a total annual volatility of 0.0012 FJD. From a start-to-finish perspective, comparing the January average rate of 0.0118 to the December average rate of 0.0109, the exchange rate registered a net change of -7.60% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0119 was down 0.34% compared to the 2013 peak of 0.0119, 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 11,860 FJD
2013 Average 11,498 FJD
Yearly Trough Low 10,670 FJD
Transaction Impact: A difference of 1,190.90 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0119
0.0108
JanuMarcMayJulySeptNove

NGN to FJD 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 0.0114, compared to 0.0114 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0114
H2 Avg (Jul–Dec) 0.0114

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 0.0008 FJD (High: 0.0118 / Low: 0.0110). On the other end, August was the most stable month, with a tight range of 0.0001 FJD (High: 0.0115 / Low: 0.0114).

November Spread (Volatile) ±0.0008
August Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0005 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 0.0118) against the same month in 2013 (average: 0.0113), the exchange rate shifted by +0.0005 (+4.59%).

2014 Avg (January) 0.0118
2013 Avg (January) 0.0113

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0119 0.0116 0.0118
February 0.0117 0.0113 0.0115
March 0.0114 0.0111 0.0113
April 0.0115 0.0111 0.0113
May 0.0116 0.0113 0.0113
June 0.0114 0.0112 0.0113
July 0.0115 0.0112 0.0113
August 0.0115 0.0114 0.0115
September 0.0117 0.0114 0.0116
October 0.0118 0.0116 0.0117
November 0.0118 0.0110 0.0113
December 0.0110 0.0107 0.0109