YEARLY HIGH
0.0229 QAR
YEARLY LOW
0.0197 QAR
YEARLY AVERAGE
0.0221 QAR

2014 NGN to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the NGN to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 0.0229. Conversely, the yearly low was recorded on December 23, dropping to 0.0197.

This high-to-low spread represents a total annual volatility of 0.0033 QAR. From a start-to-finish perspective, comparing the January average rate of 0.0227 to the December average rate of 0.0200, the exchange rate registered a net change of -12.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0229 was down 2.04% compared to the 2013 peak of 0.0234, 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 22,937 QAR
2013 Average 22,864 QAR
Yearly Trough Low 19,657 QAR
Transaction Impact: A difference of 3,280.53 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0230
0.0197
JanuMarcMayJulySeptNove

NGN to QAR 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 0.0224, compared to 0.0218 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0224
H2 Avg (Jul–Dec) 0.0218

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 0.0016 QAR (High: 0.0220 / Low: 0.0204). On the other end, March was the most stable month, with a tight range of 0.0001 QAR (High: 0.0222 / Low: 0.0221).

November Spread (Volatile) ±0.0016
March Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between March and May, 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 November and December, when the average rate fell by 0.0012 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 0.0227) against the same month in 2013 (average: 0.0232), the exchange rate shifted by -0.0005 (-2.05%).

2014 Avg (January) 0.0227
2013 Avg (January) 0.0232

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0229 0.0224 0.0227
February 0.0224 0.0220 0.0222
March 0.0222 0.0221 0.0221
April 0.0227 0.0221 0.0224
May 0.0229 0.0223 0.0225
June 0.0224 0.0222 0.0223
July 0.0225 0.0223 0.0224
August 0.0226 0.0224 0.0225
September 0.0224 0.0222 0.0223
October 0.0223 0.0220 0.0221
November 0.0220 0.0204 0.0212
December 0.0203 0.0197 0.0200