YEARLY HIGH
10.3843 TZS
YEARLY LOW
9.2059 TZS
YEARLY AVERAGE
10.0806 TZS

2014 NGN to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the NGN to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on October 25, valuing the pair at 10.3843. Conversely, the yearly low was recorded on December 23, dropping to 9.2059.

This high-to-low spread represents a total annual volatility of 1.1784 TZS. From a start-to-finish perspective, comparing the January average rate of 10.0517 to the December average rate of 9.4886, the exchange rate registered a net change of -5.60% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 10.3843 was down 0.02% compared to the 2013 peak of 10.3868, 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 10,384,334 TZS
2013 Average 10,150,207 TZS
Yearly Trough Low 9,205,902 TZS
Transaction Impact: A difference of 1,178,431.51 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

10.3599
9.4094
JanuMarcMayJulySeptNove

NGN to TZS 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 10.0752, compared to 10.0859 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0107 points.

H1 Avg (Jan–Jun) 10.0752
H2 Avg (Jul–Dec) 10.0859

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 0.5629 TZS (High: 10.3117 / Low: 9.7487). On the other end, September was the most stable month, with a tight range of 0.0922 TZS (High: 10.2524 / Low: 10.1602).

November Spread (Volatile) ±0.5629
September Spread (Stable) ±0.0922

Growth Streaks & Declines

Trends

Between February and June, 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 0.5474 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.5474

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2014: 10.2673) against the same month in 2013 (average: 10.0579), the exchange rate shifted by +0.2095 (+2.08%).

2014 Avg (October) 10.2673
2013 Avg (October) 10.0579

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.1686 9.8954 10.0517
February 9.9895 9.8237 9.9070
March 9.9485 9.8331 9.9114
April 10.2415 9.9101 10.0818
May 10.3616 10.1402 10.2189
June 10.3458 10.1517 10.2807
July 10.2679 10.1644 10.2386
August 10.3127 10.2037 10.2643
September 10.2524 10.1602 10.2209
October 10.3843 10.1526 10.2673
November 10.3117 9.7487 10.0360
December 9.6638 9.2059 9.4886