2014 NGN to PYG Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 NGN to PYG Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the NGN to PYG exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 29.0949. Conversely, the yearly low was recorded on December 23, dropping to 24.9600.
This high-to-low spread represents a total annual volatility of 4.1348 PYG. From a start-to-finish perspective, comparing the January average rate of 28.9225 to the December average rate of 25.4453, the exchange rate registered a net change of -12.02% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2014 high of 29.0949 was up 1.28% compared to the 2013 peak of 28.7266, indicating shifts in long-term support levels.
Comparing the value generated converting 1,000,000 NGN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2014.
NGN to PYG Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 27.5324, compared to 26.5748 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.9576 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was February, with a trading range of 2.0430 PYG (High: 28.8583 / Low: 26.8153). On the other end, August was the most stable month, with a tight range of 0.2464 PYG (High: 26.5008 / Low: 26.2543).
Growth Streaks & Declines
TrendsBetween 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 1.6053 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2014: 28.9225) against the same month in 2013 (average: 26.8674), the exchange rate shifted by +2.0551 (+7.65%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 29.0949 | 28.6904 | 28.9225 |
| February | 28.8583 | 26.8153 | 27.6659 |
| March | 27.0062 | 26.7576 | 26.8578 |
| April | 27.6028 | 26.9799 | 27.3548 |
| May | 27.8670 | 27.1371 | 27.3665 |
| June | 27.2836 | 26.9035 | 27.0271 |
| July | 26.8727 | 25.8167 | 26.3157 |
| August | 26.5008 | 26.2543 | 26.3543 |
| September | 27.3944 | 26.1334 | 26.5610 |
| October | 28.0808 | 27.3734 | 27.7221 |
| November | 27.9536 | 25.9649 | 27.0507 |
| December | 25.7909 | 24.9600 | 25.4453 |