2014 NGN to GNF Historical Review

YEARLY HIGH

44.0505 GNF

YEARLY LOW

38.0203 GNF

YEARLY AVERAGE

42.5011 GNF

2014 NGN to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the NGN to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 44.0505. Conversely, the yearly low was recorded on December 22, dropping to 38.0203.

This high-to-low spread represents a total annual volatility of 6.0303 GNF. From a start-to-finish perspective, comparing the January average rate of 43.6275 to the December average rate of 38.7612, the exchange rate registered a net change of -11.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 44.0505 was down 3.54% compared to the 2013 peak of 45.6669, 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 44,050,523 GNF

2013 Average 44,092,582 GNF

Yearly Trough Low 38,020,268 GNF

Transaction Impact: A difference of 6,030,255.22 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

44.1141

38.2746

JanuMarcMayJulySeptNove

NGN to GNF 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 43.0049, compared to 41.9972 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.0077 points.

H1 Avg (Jan–Jun) 43.0049

H2 Avg (Jul–Dec) 41.9972

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 3.3714 GNF (High: 42.8141 / Low: 39.4427). On the other end, August was the most stable month, with a tight range of 0.7259 GNF (High: 43.5612 / Low: 42.8354).

November Spread (Volatile) ±3.3714

August Spread (Stable) ±0.7259

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 2.3010 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -2.3010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 43.6275) against the same month in 2013 (average: 45.3101), the exchange rate shifted by -1.6826 (-3.71%).

2014 Avg (January) 43.6275

2013 Avg (January) 45.3101

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	44.0505	42.7818	43.6275
February	43.6038	42.0990	42.7860
March	43.2464	41.8235	42.5520
April	43.6964	42.2327	43.0646
May	44.0355	42.5335	43.2200
June	43.0428	42.3078	42.7794
July	43.7367	42.7419	43.3025
August	43.5612	42.8354	43.1351
September	43.3435	42.5527	42.9557
October	43.0870	42.2769	42.7668
November	42.8141	39.4427	41.0622
December	39.4117	38.0203	38.7612