2014 NGN to SBD Historical Review

YEARLY HIGH

0.0459 SBD

YEARLY LOW

0.0408 SBD

YEARLY AVERAGE

0.0443 SBD

2014 NGN to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the NGN to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 5, valuing the pair at 0.0459. Conversely, the yearly low was recorded on December 18, dropping to 0.0408.

This high-to-low spread represents a total annual volatility of 0.0051 SBD. From a start-to-finish perspective, comparing the January average rate of 0.0451 to the December average rate of 0.0416, the exchange rate registered a net change of -7.73% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0459 was down 1.38% compared to the 2013 peak of 0.0465, 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 45,880 SBD

2013 Average 44,929 SBD

Yearly Trough Low 40,756 SBD

Transaction Impact: A difference of 5,124.34 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0455

0.0412

JanuMarcMayJulySeptNove

NGN to SBD 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 0.0447, compared to 0.0440 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0447

H2 Avg (Jul–Dec) 0.0440

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 0.0029 SBD (High: 0.0449 / Low: 0.0419). On the other end, March was the most stable month, with a tight range of 0.0003 SBD (High: 0.0443 / Low: 0.0440).

November Spread (Volatile) ±0.0029

March Spread (Stable) ±0.0003

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 0.0018 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 0.0452) against the same month in 2013 (average: 0.0457), the exchange rate shifted by -0.0005 (-1.06%).

2014 Avg (May) 0.0452

2013 Avg (May) 0.0457

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0456	0.0443	0.0451
February	0.0447	0.0439	0.0443
March	0.0443	0.0440	0.0441
April	0.0454	0.0441	0.0449
May	0.0459	0.0447	0.0452
June	0.0450	0.0442	0.0445
July	0.0448	0.0443	0.0446
August	0.0450	0.0444	0.0446
September	0.0451	0.0442	0.0447
October	0.0453	0.0445	0.0448
November	0.0449	0.0419	0.0434
December	0.0424	0.0408	0.0416