2014 NGN to ISK Historical Review

YEARLY HIGH

0.7474 ISK

YEARLY LOW

0.6756 ISK

YEARLY AVERAGE

0.7067 ISK

2014 NGN to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the NGN to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 9, valuing the pair at 0.7474. Conversely, the yearly low was recorded on December 1, dropping to 0.6756.

This high-to-low spread represents a total annual volatility of 0.0717 ISK. From a start-to-finish perspective, comparing the January average rate of 0.7230 to the December average rate of 0.6883, the exchange rate registered a net change of -4.80% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.7474 was down 9.73% compared to the 2013 peak of 0.8279, 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 747,360 ISK

2013 Average 766,787 ISK

Yearly Trough Low 675,643 ISK

Transaction Impact: A difference of 71,717.06 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.7383

0.6800

JanuMarcMayJulySeptNove

NGN to ISK 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 0.6984, compared to 0.7150 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0166 points.

H1 Avg (Jan–Jun) 0.6984

H2 Avg (Jul–Dec) 0.7150

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 0.0544 ISK (High: 0.7474 / Low: 0.6930). On the other end, June was the most stable month, with a tight range of 0.0084 ISK (High: 0.7003 / Low: 0.6918).

November Spread (Volatile) ±0.0544

June Spread (Stable) ±0.0084

Growth Streaks & Declines

Trends

Between March and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0320 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0320

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2014: 0.7203) against the same month in 2013 (average: 0.7654), the exchange rate shifted by -0.0451 (-5.89%).

2014 Avg (November) 0.7203

2013 Avg (November) 0.7654

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7339	0.7073	0.7230
February	0.7112	0.6822	0.6973
March	0.6900	0.6800	0.6849
April	0.6983	0.6835	0.6923
May	0.7036	0.6910	0.6963
June	0.7003	0.6918	0.6969
July	0.7122	0.6917	0.7037
August	0.7209	0.7090	0.7154
September	0.7387	0.7198	0.7289
October	0.7403	0.7260	0.7335
November	0.7474	0.6930	0.7203
December	0.6975	0.6756	0.6883