2014 NGN to MVR Historical Review

YEARLY HIGH

0.0970 MVR

YEARLY LOW

0.0825 MVR

YEARLY AVERAGE

0.0933 MVR

2014 NGN to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the NGN to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 0.0970. Conversely, the yearly low was recorded on December 23, dropping to 0.0825.

This high-to-low spread represents a total annual volatility of 0.0145 MVR. From a start-to-finish perspective, comparing the January average rate of 0.0962 to the December average rate of 0.0840, the exchange rate registered a net change of -12.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0970 was down 2.07% compared to the 2013 peak of 0.0990, 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 96,952 MVR

2013 Average 96,591 MVR

Yearly Trough Low 82,485 MVR

Transaction Impact: A difference of 14,467.61 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0974

0.0828

JanuMarcMayJulySeptNove

NGN to MVR 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 0.0948, compared to 0.0918 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0029 points.

H1 Avg (Jan–Jun) 0.0948

H2 Avg (Jul–Dec) 0.0918

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 0.0074 MVR (High: 0.0929 / Low: 0.0855). On the other end, March was the most stable month, with a tight range of 0.0008 MVR (High: 0.0941 / Low: 0.0932).

November Spread (Volatile) ±0.0074

March Spread (Stable) ±0.0008

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 0.0054 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0054

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 0.0962) against the same month in 2013 (average: 0.0984), the exchange rate shifted by -0.0022 (-2.24%).

2014 Avg (January) 0.0962

2013 Avg (January) 0.0984

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0970	0.0947	0.0962
February	0.0950	0.0930	0.0940
March	0.0941	0.0932	0.0935
April	0.0959	0.0936	0.0950
May	0.0969	0.0946	0.0953
June	0.0956	0.0943	0.0947
July	0.0953	0.0944	0.0949
August	0.0958	0.0945	0.0950
September	0.0950	0.0936	0.0943
October	0.0942	0.0928	0.0935
November	0.0929	0.0855	0.0894
December	0.0852	0.0825	0.0840