YEARLY HIGH
0.3919 INR
YEARLY LOW
0.3374 INR
YEARLY AVERAGE
0.3698 INR

2014 NGN to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the NGN to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 0.3919. Conversely, the yearly low was recorded on December 9, dropping to 0.3374.

This high-to-low spread represents a total annual volatility of 0.0545 INR. From a start-to-finish perspective, comparing the January average rate of 0.3874 to the December average rate of 0.3451, the exchange rate registered a net change of -10.90% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.3919 was down 6.64% compared to the 2013 peak of 0.4198, 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 391,898 INR
2013 Average 367,477 INR
Yearly Trough Low 337,429 INR
Transaction Impact: A difference of 54,469.05 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.3916
0.3409
JanuMarcMayJulySeptNove

NGN to INR 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 0.3736, compared to 0.3659 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0077 points.

H1 Avg (Jan–Jun) 0.3736
H2 Avg (Jul–Dec) 0.3659

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 0.0226 INR (High: 0.3707 / Low: 0.3481). On the other end, July was the most stable month, with a tight range of 0.0068 INR (High: 0.3735 / Low: 0.3667).

November Spread (Volatile) ±0.0226
July Spread (Stable) ±0.0068

Growth Streaks & Declines

Trends

Between June and August, 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 0.0142 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0142

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 0.3874) against the same month in 2013 (average: 0.3461), the exchange rate shifted by +0.0413 (+11.94%).

2014 Avg (January) 0.3874
2013 Avg (January) 0.3461

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3919 0.3833 0.3874
February 0.3847 0.3737 0.3793
March 0.3773 0.3631 0.3702
April 0.3790 0.3636 0.3721
May 0.3786 0.3593 0.3666
June 0.3698 0.3606 0.3662
July 0.3735 0.3667 0.3699
August 0.3806 0.3720 0.3754
September 0.3775 0.3701 0.3730
October 0.3772 0.3694 0.3725
November 0.3707 0.3481 0.3593
December 0.3520 0.3374 0.3451