YEARLY HIGH
0.0839 MXN
YEARLY LOW
0.0765 MXN
YEARLY AVERAGE
0.0806 MXN

2014 NGN to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the NGN to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 25, valuing the pair at 0.0839. Conversely, the yearly low was recorded on December 1, dropping to 0.0765.

This high-to-low spread represents a total annual volatility of 0.0074 MXN. From a start-to-finish perspective, comparing the January average rate of 0.0825 to the December average rate of 0.0799, the exchange rate registered a net change of -3.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0839 was up 0.83% compared to the 2013 peak of 0.0832, 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 83,887 MXN
2013 Average 80,110 MXN
Yearly Trough Low 76,466 MXN
Transaction Impact: A difference of 7,420.15 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0828
0.0791
JanuMarcMayJulySeptNove

NGN to MXN 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 0.0806, compared to 0.0806 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0806
H2 Avg (Jul–Dec) 0.0806

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.0057 MXN (High: 0.0822 / Low: 0.0765). On the other end, June was the most stable month, with a tight range of 0.0013 MXN (High: 0.0802 / Low: 0.0789).

December Spread (Volatile) ±0.0057
June Spread (Stable) ±0.0013

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 October and November, when the average rate fell by 0.0025 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0025

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 0.0825) against the same month in 2013 (average: 0.0810), the exchange rate shifted by +0.0015 (+1.81%).

2014 Avg (January) 0.0825
2013 Avg (January) 0.0810

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0839 0.0814 0.0825
February 0.0830 0.0802 0.0811
March 0.0809 0.0791 0.0801
April 0.0817 0.0792 0.0805
May 0.0821 0.0790 0.0799
June 0.0802 0.0789 0.0796
July 0.0815 0.0795 0.0800
August 0.0825 0.0803 0.0811
September 0.0822 0.0803 0.0811
October 0.0827 0.0812 0.0819
November 0.0820 0.0770 0.0794
December 0.0822 0.0765 0.0799