2014 NGN to MWK Historical Review

YEARLY HIGH

2.8121 MWK

YEARLY LOW

2.3859 MWK

YEARLY AVERAGE

2.5355 MWK

2014 NGN to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the NGN to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 1, valuing the pair at 2.8121. Conversely, the yearly low was recorded on October 12, dropping to 2.3859.

This high-to-low spread represents a total annual volatility of 0.4261 MWK. From a start-to-finish perspective, comparing the January average rate of 2.7204 to the December average rate of 2.6427, the exchange rate registered a net change of -2.86% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 2.8121 was up 4.01% compared to the 2013 peak of 2.7036, 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 2,812,083 MWK

2013 Average 2,288,464 MWK

Yearly Trough Low 2,385,946 MWK

Transaction Impact: A difference of 426,136.18 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

2.7879

2.3791

JanuMarcMayJulySeptNove

NGN to MWK 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 2.5247, compared to 2.5463 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0215 points.

H1 Avg (Jan–Jun) 2.5247

H2 Avg (Jul–Dec) 2.5463

Volatility Range Comparison

Volatility

The most volatile month in 2014 was October, with a trading range of 0.4214 MWK (High: 2.8074 / Low: 2.3859). On the other end, July was the most stable month, with a tight range of 0.0224 MWK (High: 2.4398 / Low: 2.4173).

October Spread (Volatile) ±0.4214

July Spread (Stable) ±0.0224

Growth Streaks & Declines

Trends

Between June and August, 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 January and February, when the average rate fell by 0.1294 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1294

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2014: 2.7538) against the same month in 2013 (average: 2.5058), the exchange rate shifted by +0.2480 (+9.90%).

2014 Avg (November) 2.7538

2013 Avg (November) 2.5058

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.8064	2.6238	2.7204
February	2.6383	2.5435	2.5910
March	2.5905	2.4668	2.5361
April	2.5157	2.4184	2.4559
May	2.4667	2.4107	2.4317
June	2.4256	2.3965	2.4132
July	2.4398	2.4173	2.4284
August	2.4706	2.4195	2.4363
September	2.4458	2.4083	2.4268
October	2.8074	2.3859	2.5896
November	2.8121	2.6458	2.7538
December	2.7372	2.5489	2.6427