YEARLY HIGH
0.3439 KGS
YEARLY LOW
0.3072 KGS
YEARLY AVERAGE
0.3240 KGS

2014 NGN to KGS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the NGN to KGS exchange rate experienced significant fluctuation. The market reached its absolute peak on November 9, valuing the pair at 0.3439. Conversely, the yearly low was recorded on January 1, dropping to 0.3072.

This high-to-low spread represents a total annual volatility of 0.0367 KGS. From a start-to-finish perspective, comparing the January average rate of 0.3104 to the December average rate of 0.3185, the exchange rate registered a net change of 2.62% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.3439 was up 10.19% compared to the 2013 peak of 0.3121, 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 343,945 KGS
2013 Average 304,138 KGS
Yearly Trough Low 307,214 KGS
Transaction Impact: A difference of 36,730.75 KGS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.3377
0.3079
JanuMarcMayJulySeptNove

NGN to KGS 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 0.3215, compared to 0.3265 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0050 points.

H1 Avg (Jan–Jun) 0.3215
H2 Avg (Jul–Dec) 0.3265

Volatility Range Comparison

Volatility

The most volatile month in 2014 was May, with a trading range of 0.0219 KGS (High: 0.3393 / Low: 0.3174). On the other end, July was the most stable month, with a tight range of 0.0024 KGS (High: 0.3211 / Low: 0.3186).

May Spread (Volatile) ±0.0219
July Spread (Stable) ±0.0024

Growth Streaks & Declines

Trends

Between January and April, 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 0.0159 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0159

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2014: 0.3344) against the same month in 2013 (average: 0.3067), the exchange rate shifted by +0.0278 (+9.06%).

2014 Avg (November) 0.3344
2013 Avg (November) 0.3067

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3144 0.3072 0.3104
February 0.3172 0.3094 0.3133
March 0.3277 0.3164 0.3252
April 0.3385 0.3263 0.3352
May 0.3393 0.3174 0.3250
June 0.3222 0.3175 0.3199
July 0.3211 0.3186 0.3197
August 0.3258 0.3178 0.3214
September 0.3343 0.3252 0.3303
October 0.3436 0.3285 0.3345
November 0.3439 0.3226 0.3344
December 0.3226 0.3124 0.3185