2014 NGN to JPY Historical Review

YEARLY HIGH

0.6901 JPY

YEARLY LOW

0.6154 JPY

YEARLY AVERAGE

0.6409 JPY

2014 NGN to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the NGN to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 9, valuing the pair at 0.6901. Conversely, the yearly low was recorded on March 15, dropping to 0.6154.

This high-to-low spread represents a total annual volatility of 0.0748 JPY. From a start-to-finish perspective, comparing the January average rate of 0.6491 to the December average rate of 0.6567, the exchange rate registered a net change of 1.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.6901 was up 5.14% compared to the 2013 peak of 0.6564, 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 690,147 JPY

2013 Average 613,205 JPY

Yearly Trough Low 615,385 JPY

Transaction Impact: A difference of 74,761.62 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.6824

0.6155

JanuMarcMayJulySeptNove

NGN to JPY 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 0.6301, compared to 0.6517 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0216 points.

H1 Avg (Jan–Jun) 0.6301

H2 Avg (Jul–Dec) 0.6517

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.0326 JPY (High: 0.6603 / Low: 0.6277). On the other end, June was the most stable month, with a tight range of 0.0095 JPY (High: 0.6317 / Low: 0.6221).

January Spread (Volatile) ±0.0326

June Spread (Stable) ±0.0095

Growth Streaks & Declines

Trends

Between June and September, 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 January and February, when the average rate fell by 0.0258 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0258

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2014: 0.6768) against the same month in 2013 (average: 0.6303), the exchange rate shifted by +0.0466 (+7.39%).

2014 Avg (November) 0.6768

2013 Avg (November) 0.6303

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6603	0.6277	0.6491
February	0.6294	0.6158	0.6234
March	0.6275	0.6154	0.6211
April	0.6375	0.6237	0.6318
May	0.6430	0.6217	0.6297
June	0.6317	0.6221	0.6258
July	0.6345	0.6234	0.6270
August	0.6432	0.6269	0.6356
September	0.6692	0.6415	0.6583
October	0.6737	0.6461	0.6560
November	0.6901	0.6641	0.6768
December	0.6685	0.6430	0.6567