YEARLY HIGH
6.7407 KRW
YEARLY LOW
5.9364 KRW
YEARLY AVERAGE
6.3826 KRW

2014 NGN to KRW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the NGN to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on January 25, valuing the pair at 6.7407. Conversely, the yearly low was recorded on December 17, dropping to 5.9364.

This high-to-low spread represents a total annual volatility of 0.8043 KRW. From a start-to-finish perspective, comparing the January average rate of 6.6576 to the December average rate of 6.0682, the exchange rate registered a net change of -8.85% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 6.7407 was down 6.87% compared to the 2013 peak of 7.2377, 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 6,740,688 KRW
2013 Average 6,875,377 KRW
Yearly Trough Low 5,936,374 KRW
Transaction Impact: A difference of 804,314.11 KRW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

6.7166
6.0093
JanuMarcMayJulySeptNove

NGN to KRW 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 6.4529, compared to 6.3123 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1406 points.

H1 Avg (Jan–Jun) 6.4529
H2 Avg (Jul–Dec) 6.3123

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 0.3579 KRW (High: 6.5673 / Low: 6.2094). On the other end, April was the most stable month, with a tight range of 0.0911 KRW (High: 6.4737 / Low: 6.3826).

November Spread (Volatile) ±0.3579
April Spread (Stable) ±0.0911

Growth Streaks & Declines

Trends

Between June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.3245 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.3245

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 6.6576) against the same month in 2013 (average: 6.7955), the exchange rate shifted by -0.1379 (-2.03%).

2014 Avg (January) 6.6576
2013 Avg (January) 6.7955

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 6.7407 6.5880 6.6576
February 6.6673 6.4524 6.5413
March 6.5470 6.4482 6.4985
April 6.4737 6.3826 6.4311
May 6.4792 6.2752 6.3395
June 6.3090 6.2171 6.2495
July 6.4036 6.1993 6.2944
August 6.4226 6.2501 6.3249
September 6.4337 6.2358 6.3455
October 6.5271 6.3466 6.4482
November 6.5673 6.2094 6.3927
December 6.1802 5.9364 6.0682