2014 NGN to LBP Historical Review

YEARLY HIGH

9.5048 LBP

YEARLY LOW

8.1675 LBP

YEARLY AVERAGE

9.1552 LBP

2014 NGN to LBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the NGN to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on May 5, valuing the pair at 9.5048. Conversely, the yearly low was recorded on December 23, dropping to 8.1675.

This high-to-low spread represents a total annual volatility of 1.3373 LBP. From a start-to-finish perspective, comparing the January average rate of 9.3987 to the December average rate of 8.3118, the exchange rate registered a net change of -11.56% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 9.5048 was down 1.66% compared to the 2013 peak of 9.6653, 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 9,504,819 LBP

2013 Average 9,468,312 LBP

Yearly Trough Low 8,167,505 LBP

Transaction Impact: A difference of 1,337,314.16 LBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

9.5074

8.2031

JanuMarcMayJulySeptNove

NGN to LBP 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 9.2710, compared to 9.0394 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2317 points.

H1 Avg (Jan–Jun) 9.2710

H2 Avg (Jul–Dec) 9.0394

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 0.6603 LBP (High: 9.1374 / Low: 8.4771). On the other end, July was the most stable month, with a tight range of 0.0802 LBP (High: 9.3476 / Low: 9.2673).

November Spread (Volatile) ±0.6603

July Spread (Stable) ±0.0802

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.5047 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.5047

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 9.3513) against the same month in 2013 (average: 9.5287), the exchange rate shifted by -0.1775 (-1.86%).

2014 Avg (May) 9.3513

2013 Avg (May) 9.5287

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	9.4784	9.2398	9.3987
February	9.2556	9.0833	9.1793
March	9.1881	9.1001	9.1358
April	9.3972	9.1166	9.3005
May	9.5048	9.2862	9.3513
June	9.3117	9.2270	9.2607
July	9.3476	9.2673	9.3201
August	9.3987	9.2998	9.3255
September	9.3284	9.2192	9.2748
October	9.2584	9.1400	9.1876
November	9.1374	8.4771	8.8165
December	8.4228	8.1675	8.3118