YEARLY HIGH
0.1896 TWD
YEARLY LOW
0.1699 TWD
YEARLY AVERAGE
0.1838 TWD

2014 NGN to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the NGN to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 22, valuing the pair at 0.1896. Conversely, the yearly low was recorded on December 9, dropping to 0.1699.

This high-to-low spread represents a total annual volatility of 0.0197 TWD. From a start-to-finish perspective, comparing the January average rate of 0.1884 to the December average rate of 0.1726, the exchange rate registered a net change of -8.35% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.1896 was down 0.52% compared to the 2013 peak of 0.1906, 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 189,645 TWD
2013 Average 186,500 TWD
Yearly Trough Low 169,916 TWD
Transaction Impact: A difference of 19,728.29 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.1899
0.1711
JanuMarcMayJulySeptNove

NGN to TWD 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 0.1858, compared to 0.1818 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0040 points.

H1 Avg (Jan–Jun) 0.1858
H2 Avg (Jul–Dec) 0.1818

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 0.0110 TWD (High: 0.1845 / Low: 0.1736). On the other end, September was the most stable month, with a tight range of 0.0018 TWD (High: 0.1857 / Low: 0.1839).

November Spread (Volatile) ±0.0110
September Spread (Stable) ±0.0018

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 0.0065 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0065

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 0.1884) against the same month in 2013 (average: 0.1855), the exchange rate shifted by +0.0029 (+1.56%).

2014 Avg (January) 0.1884
2013 Avg (January) 0.1855

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1896 0.1865 0.1884
February 0.1867 0.1833 0.1851
March 0.1857 0.1836 0.1846
April 0.1884 0.1842 0.1863
May 0.1896 0.1845 0.1864
June 0.1851 0.1832 0.1840
July 0.1855 0.1834 0.1847
August 0.1866 0.1843 0.1851
September 0.1857 0.1839 0.1847
October 0.1862 0.1835 0.1846
November 0.1845 0.1736 0.1791
December 0.1753 0.1699 0.1726