2014 NGN to KES Historical Review

YEARLY HIGH

0.5473 KES

YEARLY LOW

0.4885 KES

YEARLY AVERAGE

0.5330 KES

2014 NGN to KES Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the NGN to KES exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 0.5473. Conversely, the yearly low was recorded on December 23, dropping to 0.4885.

This high-to-low spread represents a total annual volatility of 0.0588 KES. From a start-to-finish perspective, comparing the January average rate of 0.5388 to the December average rate of 0.4970, the exchange rate registered a net change of -7.76% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.5473 was down 1.95% compared to the 2013 peak of 0.5582, 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 547,315 KES

2013 Average 540,734 KES

Yearly Trough Low 488,542 KES

Transaction Impact: A difference of 58,773.29 KES purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.5493

0.4922

JanuMarcMayJulySeptNove

NGN to KES 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 0.5339, compared to 0.5320 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0018 points.

H1 Avg (Jan–Jun) 0.5339

H2 Avg (Jul–Dec) 0.5320

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 0.0364 KES (High: 0.5414 / Low: 0.5051). On the other end, July was the most stable month, with a tight range of 0.0041 KES (High: 0.5425 / Low: 0.5384).

November Spread (Volatile) ±0.0364

July Spread (Stable) ±0.0041

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 November and December, when the average rate fell by 0.0272 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0272

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 0.5388) against the same month in 2013 (average: 0.5543), the exchange rate shifted by -0.0155 (-2.80%).

2014 Avg (January) 0.5388

2013 Avg (January) 0.5543

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5473	0.5288	0.5388
February	0.5327	0.5209	0.5266
March	0.5276	0.5232	0.5252
April	0.5413	0.5242	0.5349
May	0.5467	0.5373	0.5406
June	0.5402	0.5345	0.5373
July	0.5425	0.5384	0.5409
August	0.5464	0.5405	0.5440
September	0.5464	0.5404	0.5446
October	0.5459	0.5377	0.5417
November	0.5414	0.5051	0.5242
December	0.5041	0.4885	0.4970