YEARLY HIGH
0.0208 MYR
YEARLY LOW
0.0187 MYR
YEARLY AVERAGE
0.0198 MYR

2014 NGN to MYR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the NGN to MYR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 22, valuing the pair at 0.0208. Conversely, the yearly low was recorded on December 1, dropping to 0.0187.

This high-to-low spread represents a total annual volatility of 0.0021 MYR. From a start-to-finish perspective, comparing the January average rate of 0.0206 to the December average rate of 0.0191, the exchange rate registered a net change of -7.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0208 was up 0.76% compared to the 2013 peak of 0.0207, 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 20,842 MYR
2013 Average 19,779 MYR
Yearly Trough Low 18,734 MYR
Transaction Impact: A difference of 2,108.65 MYR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0208
0.0190
JanuMarcMayJulySeptNove

NGN to MYR 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 0.0201, compared to 0.0196 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0201
H2 Avg (Jul–Dec) 0.0196

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 0.0012 MYR (High: 0.0201 / Low: 0.0190). On the other end, July was the most stable month, with a tight range of 0.0002 MYR (High: 0.0197 / Low: 0.0195).

November Spread (Volatile) ±0.0012
July Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between August and October, 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 0.0004 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 0.0206) against the same month in 2013 (average: 0.0194), the exchange rate shifted by +0.0013 (+6.48%).

2014 Avg (January) 0.0206
2013 Avg (January) 0.0194

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0208 0.0205 0.0206
February 0.0206 0.0198 0.0202
March 0.0201 0.0198 0.0199
April 0.0203 0.0198 0.0201
May 0.0205 0.0197 0.0200
June 0.0199 0.0196 0.0197
July 0.0197 0.0195 0.0196
August 0.0199 0.0194 0.0196
September 0.0200 0.0194 0.0197
October 0.0200 0.0197 0.0199
November 0.0201 0.0190 0.0195
December 0.0195 0.0187 0.0191