2014 NGN to MDL Historical Review

YEARLY HIGH

0.0900 MDL

YEARLY LOW

0.0805 MDL

YEARLY AVERAGE

0.0848 MDL

2014 NGN to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the NGN to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on October 4, valuing the pair at 0.0900. Conversely, the yearly low was recorded on March 19, dropping to 0.0805.

This high-to-low spread represents a total annual volatility of 0.0095 MDL. From a start-to-finish perspective, comparing the January average rate of 0.0823 to the December average rate of 0.0848, the exchange rate registered a net change of 2.98% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0900 was up 8.59% compared to the 2013 peak of 0.0829, 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 89,997 MDL

2013 Average 78,726 MDL

Yearly Trough Low 80,505 MDL

Transaction Impact: A difference of 9,491.52 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0897

0.0808

JanuMarcMayJulySeptNove

NGN to MDL 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 0.0830, compared to 0.0867 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0036 points.

H1 Avg (Jan–Jun) 0.0830

H2 Avg (Jul–Dec) 0.0867

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 0.0054 MDL (High: 0.0894 / Low: 0.0840). On the other end, July was the most stable month, with a tight range of 0.0009 MDL (High: 0.0865 / Low: 0.0856).

November Spread (Volatile) ±0.0054

July Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between March and July, 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 0.0023 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2014: 0.0890) against the same month in 2013 (average: 0.0809), the exchange rate shifted by +0.0081 (+9.99%).

2014 Avg (October) 0.0890

2013 Avg (October) 0.0809

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0834	0.0813	0.0823
February	0.0829	0.0815	0.0824
March	0.0832	0.0805	0.0816
April	0.0840	0.0809	0.0826
May	0.0850	0.0833	0.0840
June	0.0861	0.0844	0.0854
July	0.0865	0.0856	0.0861
August	0.0864	0.0842	0.0853
September	0.0887	0.0865	0.0877
October	0.0900	0.0880	0.0890
November	0.0894	0.0840	0.0871
December	0.0860	0.0821	0.0848