YEARLY HIGH
0.0177 PEN
YEARLY LOW
0.0160 PEN
YEARLY AVERAGE
0.0172 PEN

2014 NGN to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the NGN to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on October 4, valuing the pair at 0.0177. Conversely, the yearly low was recorded on December 18, dropping to 0.0160.

This high-to-low spread represents a total annual volatility of 0.0017 PEN. From a start-to-finish perspective, comparing the January average rate of 0.0175 to the December average rate of 0.0163, the exchange rate registered a net change of -7.24% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0177 was up 0.07% compared to the 2013 peak of 0.0177, 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 17,723 PEN
2013 Average 16,967 PEN
Yearly Trough Low 15,995 PEN
Transaction Impact: A difference of 1,728.61 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0178
0.0161
JanuMarcMayJulySeptNove

NGN to PEN 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 0.0172, compared to 0.0172 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0172
H2 Avg (Jul–Dec) 0.0172

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 0.0013 PEN (High: 0.0176 / Low: 0.0164). On the other end, March was the most stable month, with a tight range of 0.0001 PEN (High: 0.0171 / Low: 0.0170).

November Spread (Volatile) ±0.0013
March Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0008 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2014: 0.0176) against the same month in 2013 (average: 0.0173), the exchange rate shifted by +0.0003 (+1.88%).

2014 Avg (October) 0.0176
2013 Avg (October) 0.0173

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0177 0.0173 0.0175
February 0.0174 0.0169 0.0172
March 0.0171 0.0170 0.0170
April 0.0175 0.0170 0.0172
May 0.0177 0.0170 0.0173
June 0.0172 0.0170 0.0171
July 0.0173 0.0171 0.0172
August 0.0175 0.0172 0.0174
September 0.0177 0.0175 0.0176
October 0.0177 0.0176 0.0176
November 0.0176 0.0164 0.0170
December 0.0165 0.0160 0.0163