2014 NGN to HKD Historical Review

YEARLY HIGH

0.0488 HKD

YEARLY LOW

0.0419 HKD

YEARLY AVERAGE

0.0470 HKD

2014 NGN to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the NGN to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 0.0488. Conversely, the yearly low was recorded on December 23, dropping to 0.0419.

This high-to-low spread represents a total annual volatility of 0.0070 HKD. From a start-to-finish perspective, comparing the January average rate of 0.0485 to the December average rate of 0.0426, the exchange rate registered a net change of -12.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0488 was down 2.03% compared to the 2013 peak of 0.0499, 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 48,844 HKD

2013 Average 48,711 HKD

Yearly Trough Low 41,868 HKD

Transaction Impact: A difference of 6,976.39 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0490

0.0420

JanuMarcMayJulySeptNove

NGN to HKD 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 0.0477, compared to 0.0463 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 0.0477

H2 Avg (Jul–Dec) 0.0463

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 0.0034 HKD (High: 0.0468 / Low: 0.0434). On the other end, March was the most stable month, with a tight range of 0.0003 HKD (High: 0.0473 / Low: 0.0470).

November Spread (Volatile) ±0.0034

March Spread (Stable) ±0.0003

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 0.0026 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0026

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 0.0485) against the same month in 2013 (average: 0.0495), the exchange rate shifted by -0.0010 (-2.02%).

2014 Avg (January) 0.0485

2013 Avg (January) 0.0495

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0488	0.0477	0.0485
February	0.0478	0.0469	0.0473
March	0.0473	0.0470	0.0471
April	0.0483	0.0471	0.0478
May	0.0488	0.0476	0.0479
June	0.0478	0.0474	0.0475
July	0.0479	0.0476	0.0478
August	0.0482	0.0476	0.0478
September	0.0478	0.0472	0.0475
October	0.0475	0.0468	0.0471
November	0.0468	0.0434	0.0452
December	0.0432	0.0419	0.0426