2014 NGN to LRD Historical Review

YEARLY HIGH

0.5739 LRD

YEARLY LOW

0.4848 LRD

YEARLY AVERAGE

0.5348 LRD

2014 NGN to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the NGN to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 0.5739. Conversely, the yearly low was recorded on March 11, dropping to 0.4848.

This high-to-low spread represents a total annual volatility of 0.0892 LRD. From a start-to-finish perspective, comparing the January average rate of 0.5229 to the December average rate of 0.5027, the exchange rate registered a net change of -3.86% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.5739 was up 11.84% compared to the 2013 peak of 0.5132, 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 573,950 LRD

2013 Average 481,345 LRD

Yearly Trough Low 484,775 LRD

Transaction Impact: A difference of 89,174.96 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.5720

0.4938

JanuMarcMayJulySeptNove

NGN to LRD 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 0.5225, compared to 0.5471 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0246 points.

H1 Avg (Jan–Jun) 0.5225

H2 Avg (Jul–Dec) 0.5471

Volatility Range Comparison

Volatility

The most volatile month in 2014 was June, with a trading range of 0.0457 LRD (High: 0.5561 / Low: 0.5104). On the other end, September was the most stable month, with a tight range of 0.0072 LRD (High: 0.5640 / Low: 0.5569).

June Spread (Volatile) ±0.0457

September Spread (Stable) ±0.0072

Growth Streaks & Declines

Trends

Between May and August, 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 0.0305 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0305

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2014: 0.5655) against the same month in 2013 (average: 0.4803), the exchange rate shifted by +0.0852 (+17.73%).

2014 Avg (August) 0.5655

2013 Avg (August) 0.4803

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5375	0.5058	0.5229
February	0.5258	0.5167	0.5218
March	0.5212	0.4848	0.5003
April	0.5322	0.5187	0.5262
May	0.5380	0.4996	0.5241
June	0.5561	0.5104	0.5396
July	0.5715	0.5554	0.5648
August	0.5739	0.5622	0.5655
September	0.5640	0.5569	0.5608
October	0.5602	0.5519	0.5555
November	0.5525	0.5126	0.5332
December	0.5097	0.4938	0.5027