YEARLY HIGH
0.0230 ILS
YEARLY LOW
0.0210 ILS
YEARLY AVERAGE
0.0217 ILS

2014 NGN to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the NGN to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on October 26, valuing the pair at 0.0230. Conversely, the yearly low was recorded on March 9, dropping to 0.0210.

This high-to-low spread represents a total annual volatility of 0.0020 ILS. From a start-to-finish perspective, comparing the January average rate of 0.0218 to the December average rate of 0.0216, the exchange rate registered a net change of -1.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0230 was down 4.80% compared to the 2013 peak of 0.0242, 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 23,002 ILS
2013 Average 22,669 ILS
Yearly Trough Low 21,002 ILS
Transaction Impact: A difference of 2,000.47 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0228
0.0209
JanuMarcMayJulySeptNove

NGN to ILS 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 0.0214, compared to 0.0219 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0214
H2 Avg (Jul–Dec) 0.0219

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 0.0011 ILS (High: 0.0229 / Low: 0.0218). On the other end, July was the most stable month, with a tight range of 0.0002 ILS (High: 0.0212 / Low: 0.0210).

November Spread (Volatile) ±0.0011
July Spread (Stable) ±0.0002

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 0.0007 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2014: 0.0226) against the same month in 2013 (average: 0.0221), the exchange rate shifted by +0.0005 (+2.34%).

2014 Avg (October) 0.0226
2013 Avg (October) 0.0221

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0221 0.0214 0.0218
February 0.0217 0.0211 0.0215
March 0.0213 0.0210 0.0211
April 0.0216 0.0211 0.0214
May 0.0218 0.0213 0.0214
June 0.0214 0.0210 0.0212
July 0.0212 0.0210 0.0211
August 0.0220 0.0212 0.0216
September 0.0225 0.0220 0.0223
October 0.0230 0.0223 0.0226
November 0.0229 0.0218 0.0223
December 0.0220 0.0212 0.0216