YEARLY HIGH
1.0020 SYP
YEARLY LOW
0.8571 SYP
YEARLY AVERAGE
0.9252 SYP

2014 NGN to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the NGN to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 11, valuing the pair at 1.0020. Conversely, the yearly low was recorded on February 28, dropping to 0.8571.

This high-to-low spread represents a total annual volatility of 0.1449 SYP. From a start-to-finish perspective, comparing the January average rate of 0.8846 to the December average rate of 0.9688, the exchange rate registered a net change of 9.53% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.0020 was up 12.78% compared to the 2013 peak of 0.8884, 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 1,001,954 SYP
2013 Average 600,474 SYP
Yearly Trough Low 857,062 SYP
Transaction Impact: A difference of 144,891.98 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.9981
0.8561
JanuMarcMayJulySeptNove

NGN to SYP 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 0.8928, compared to 0.9577 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0648 points.

H1 Avg (Jan–Jun) 0.8928
H2 Avg (Jul–Dec) 0.9577

Volatility Range Comparison

Volatility

The most volatile month in 2014 was April, with a trading range of 0.0500 SYP (High: 0.9221 / Low: 0.8721). On the other end, June was the most stable month, with a tight range of 0.0080 SYP (High: 0.9197 / Low: 0.9117).

April Spread (Volatile) ±0.0500
June Spread (Stable) ±0.0080

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 January and February, when the average rate fell by 0.0148 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0148

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2014: 0.9813) against the same month in 2013 (average: 0.8800), the exchange rate shifted by +0.1014 (+11.52%).

2014 Avg (November) 0.9813
2013 Avg (November) 0.8800

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8912 0.8711 0.8846
February 0.8758 0.8571 0.8697
March 0.8731 0.8607 0.8679
April 0.9221 0.8721 0.8987
May 0.9333 0.9129 0.9203
June 0.9197 0.9117 0.9158
July 0.9253 0.9120 0.9219
August 0.9402 0.9166 0.9306
September 0.9781 0.9372 0.9570
October 0.9943 0.9780 0.9863
November 1.0020 0.9551 0.9813
December 0.9839 0.9445 0.9688