2014 NGN to GMD Historical Review

YEARLY HIGH

0.2625 GMD

YEARLY LOW

0.2305 GMD

YEARLY AVERAGE

0.2417 GMD

2014 NGN to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the NGN to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 26, valuing the pair at 0.2625. Conversely, the yearly low was recorded on February 22, dropping to 0.2305.

This high-to-low spread represents a total annual volatility of 0.0320 GMD. From a start-to-finish perspective, comparing the January average rate of 0.2379 to the December average rate of 0.2369, the exchange rate registered a net change of -0.42% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.2625 was up 8.97% compared to the 2013 peak of 0.2409, 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 262,550 GMD

2013 Average 212,652 GMD

Yearly Trough Low 230,503 GMD

Transaction Impact: A difference of 32,046.53 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.2533

0.2295

JanuMarcMayJulySeptNove

NGN to GMD 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 0.2384, compared to 0.2449 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0065 points.

H1 Avg (Jan–Jun) 0.2384

H2 Avg (Jul–Dec) 0.2449

Volatility Range Comparison

Volatility

The most volatile month in 2014 was October, with a trading range of 0.0228 GMD (High: 0.2625 / Low: 0.2398). On the other end, March was the most stable month, with a tight range of 0.0015 GMD (High: 0.2323 / Low: 0.2307).

October Spread (Volatile) ±0.0228

March Spread (Stable) ±0.0015

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 0.0144 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0144

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2014: 0.2489) against the same month in 2013 (average: 0.2043), the exchange rate shifted by +0.0446 (+21.82%).

2014 Avg (October) 0.2489

2013 Avg (October) 0.2043

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2398	0.2339	0.2379
February	0.2350	0.2305	0.2328
March	0.2323	0.2307	0.2315
April	0.2466	0.2311	0.2398
May	0.2493	0.2432	0.2453
June	0.2455	0.2421	0.2434
July	0.2453	0.2422	0.2442
August	0.2463	0.2441	0.2452
September	0.2461	0.2407	0.2431
October	0.2625	0.2398	0.2489
November	0.2606	0.2415	0.2513
December	0.2406	0.2326	0.2369