YEARLY HIGH
0.0038 GBP
YEARLY LOW
0.0035 GBP
YEARLY AVERAGE
0.0037 GBP

2014 NGN to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the NGN to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 0.0038. Conversely, the yearly low was recorded on December 18, dropping to 0.0035.

This high-to-low spread represents a total annual volatility of 0.0004 GBP. From a start-to-finish perspective, comparing the January average rate of 0.0038 to the December average rate of 0.0035, the exchange rate registered a net change of -7.33% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0038 was down 9.71% compared to the 2013 peak of 0.0042, 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 3,837 GBP
2013 Average 4,016 GBP
Yearly Trough Low 3,461 GBP
Transaction Impact: A difference of 375.84 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0038
0.0035
JanuMarcMayJulySeptNove

NGN to GBP 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 0.0037, compared to 0.0037 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) 0.0037
H2 Avg (Jul–Dec) 0.0037

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 0.0002 GBP (High: 0.0038 / Low: 0.0036). On the other end, March was the most stable month, with a tight range of 0.0001 GBP (High: 0.0037 / Low: 0.0036).

November Spread (Volatile) ±0.0002
March Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between July and October, 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 0.0002 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 0.0038) against the same month in 2013 (average: 0.0040), the exchange rate shifted by -0.0002 (-4.98%).

2014 Avg (January) 0.0038
2013 Avg (January) 0.0040

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0038 0.0037 0.0038
February 0.0038 0.0036 0.0037
March 0.0037 0.0036 0.0037
April 0.0037 0.0036 0.0037
May 0.0037 0.0036 0.0037
June 0.0037 0.0036 0.0036
July 0.0037 0.0036 0.0036
August 0.0037 0.0037 0.0037
September 0.0038 0.0037 0.0038
October 0.0038 0.0037 0.0038
November 0.0038 0.0036 0.0037
December 0.0036 0.0035 0.0035