2014 NGN to MGA Historical Review

YEARLY HIGH

16.6019 MGA

YEARLY LOW

13.8875 MGA

YEARLY AVERAGE

14.9721 MGA

2014 NGN to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the NGN to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on October 15, valuing the pair at 16.6019. Conversely, the yearly low was recorded on December 23, dropping to 13.8875.

This high-to-low spread represents a total annual volatility of 2.7144 MGA. From a start-to-finish perspective, comparing the January average rate of 14.1576 to the December average rate of 14.2851, the exchange rate registered a net change of 0.90% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 16.6019 was up 14.40% compared to the 2013 peak of 14.5118, 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 16,601,924 MGA

2013 Average 13,902,558 MGA

Yearly Trough Low 13,887,476 MGA

Transaction Impact: A difference of 2,714,447.59 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

16.6082

13.9348

JanuMarcMayJulySeptNove

NGN to MGA 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 14.4266, compared to 15.5177 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.0911 points.

H1 Avg (Jan–Jun) 14.4266

H2 Avg (Jul–Dec) 15.5177

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 1.2987 MGA (High: 16.3351 / Low: 15.0363). On the other end, February was the most stable month, with a tight range of 0.2196 MGA (High: 14.3051 / Low: 14.0855).

November Spread (Volatile) ±1.2987

February Spread (Stable) ±0.2196

Growth Streaks & Declines

Trends

Between January and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 1.5078 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -1.5078

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2014: 16.3854) against the same month in 2013 (average: 13.9208), the exchange rate shifted by +2.4646 (+17.70%).

2014 Avg (October) 16.3854

2013 Avg (October) 13.9208

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	14.3053	13.9908	14.1576
February	14.3051	14.0855	14.1799
March	14.3448	14.1076	14.2417
April	14.8232	14.1603	14.5400
May	14.9670	14.5257	14.6951
June	14.9375	14.4662	14.7453
July	15.4163	14.8903	15.1433
August	15.7746	15.2761	15.5632
September	16.2286	15.5927	15.9359
October	16.6019	16.1632	16.3854
November	16.3351	15.0363	15.7930
December	14.7978	13.8875	14.2851