YEARLY HIGH
0.0415 NOK
YEARLY LOW
0.0361 NOK
YEARLY AVERAGE
0.0382 NOK

2014 NGN to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the NGN to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 0.0415. Conversely, the yearly low was recorded on March 11, dropping to 0.0361.

This high-to-low spread represents a total annual volatility of 0.0053 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0384 to the December average rate of 0.0401, the exchange rate registered a net change of 4.37% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0415 was up 6.29% compared to the 2013 peak of 0.0390, 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 41,462 NOK
2013 Average 36,918 NOK
Yearly Trough Low 36,130 NOK
Transaction Impact: A difference of 5,332.11 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0405
0.0361
JanuMarcMayJulySeptNove

NGN to NOK 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 0.0372, compared to 0.0392 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 0.0372
H2 Avg (Jul–Dec) 0.0392

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.0034 NOK (High: 0.0415 / Low: 0.0381). On the other end, March was the most stable month, with a tight range of 0.0006 NOK (High: 0.0367 / Low: 0.0361).

December Spread (Volatile) ±0.0034
March Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between May and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0010 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.0401) against the same month in 2013 (average: 0.0386), the exchange rate shifted by +0.0015 (+3.92%).

2014 Avg (December) 0.0401
2013 Avg (December) 0.0386

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0388 0.0378 0.0384
February 0.0387 0.0363 0.0374
March 0.0367 0.0361 0.0364
April 0.0374 0.0363 0.0369
May 0.0375 0.0365 0.0367
June 0.0377 0.0363 0.0370
July 0.0388 0.0378 0.0382
August 0.0390 0.0379 0.0383
September 0.0394 0.0381 0.0389
October 0.0407 0.0392 0.0398
November 0.0412 0.0385 0.0397
December 0.0415 0.0381 0.0401