2014 NGN to PHP Historical Review

YEARLY HIGH

0.2838 PHP

YEARLY LOW

0.2411 PHP

YEARLY AVERAGE

0.2692 PHP

2014 NGN to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the NGN to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 21, valuing the pair at 0.2838. Conversely, the yearly low was recorded on December 23, dropping to 0.2411.

This high-to-low spread represents a total annual volatility of 0.0427 PHP. From a start-to-finish perspective, comparing the January average rate of 0.2808 to the December average rate of 0.2455, the exchange rate registered a net change of -12.60% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.2838 was up 1.35% compared to the 2013 peak of 0.2800, 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 283,819 PHP

2013 Average 266,571 PHP

Yearly Trough Low 241,131 PHP

Transaction Impact: A difference of 42,687.55 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.2844

0.2419

JanuMarcMayJulySeptNove

NGN to PHP 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 0.2736, compared to 0.2648 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0088 points.

H1 Avg (Jan–Jun) 0.2736

H2 Avg (Jul–Dec) 0.2648

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 0.0197 PHP (High: 0.2714 / Low: 0.2517). On the other end, August was the most stable month, with a tight range of 0.0031 PHP (High: 0.2715 / Low: 0.2684).

November Spread (Volatile) ±0.0197

August Spread (Stable) ±0.0031

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0165 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0165

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 0.2808) against the same month in 2013 (average: 0.2597), the exchange rate shifted by +0.0211 (+8.13%).

2014 Avg (January) 0.2808

2013 Avg (January) 0.2597

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2838	0.2770	0.2808
February	0.2793	0.2694	0.2738
March	0.2744	0.2692	0.2718
April	0.2776	0.2715	0.2750
May	0.2796	0.2683	0.2715
June	0.2702	0.2660	0.2686
July	0.2699	0.2667	0.2680
August	0.2715	0.2684	0.2702
September	0.2746	0.2671	0.2708
October	0.2746	0.2703	0.2721
November	0.2714	0.2517	0.2620
December	0.2488	0.2411	0.2455