YEARLY HIGH
27.3334 SLL
YEARLY LOW
22.9855 SLL
YEARLY AVERAGE
26.3132 SLL

2014 NGN to SLL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the NGN to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 27.3334. Conversely, the yearly low was recorded on December 23, dropping to 22.9855.

This high-to-low spread represents a total annual volatility of 4.3479 SLL. From a start-to-finish perspective, comparing the January average rate of 27.0294 to the December average rate of 23.6151, the exchange rate registered a net change of -12.63% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 27.3334 was down 1.99% compared to the 2013 peak of 27.8882, 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 27,333,402 SLL
2013 Average 27,148,030 SLL
Yearly Trough Low 22,985,540 SLL
Transaction Impact: A difference of 4,347,861.83 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

27.3708
23.2737
JanuMarcMayJulySeptNove

NGN to SLL 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 26.6236, compared to 26.0028 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6207 points.

H1 Avg (Jan–Jun) 26.6236
H2 Avg (Jul–Dec) 26.0028

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 2.0216 SLL (High: 26.4678 / Low: 24.4461). On the other end, March was the most stable month, with a tight range of 0.2396 SLL (High: 26.4256 / Low: 26.1859).

November Spread (Volatile) ±2.0216
March Spread (Stable) ±0.2396

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 1.8218 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.8218

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 27.0294) against the same month in 2013 (average: 27.6468), the exchange rate shifted by -0.6175 (-2.23%).

2014 Avg (January) 27.0294
2013 Avg (January) 27.6468

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 27.3334 26.5523 27.0294
February 26.6514 26.1132 26.4187
March 26.4256 26.1859 26.2790
April 26.9873 25.9781 26.6571
May 27.2060 26.4202 26.7819
June 26.7441 26.3696 26.5752
July 26.9739 26.5793 26.7780
August 27.0926 26.7453 26.9642
September 27.0448 26.4467 26.7479
October 26.7343 26.1117 26.4748
November 26.4678 24.4461 25.4370
December 24.2083 22.9855 23.6151