2014 NGN to WST Historical Review

YEARLY HIGH

0.0147 WST

YEARLY LOW

0.0130 WST

YEARLY AVERAGE

0.0141 WST

2014 NGN to WST Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the NGN to WST exchange rate experienced significant fluctuation. The market reached its absolute peak on November 9, valuing the pair at 0.0147. Conversely, the yearly low was recorded on December 23, dropping to 0.0130.

This high-to-low spread represents a total annual volatility of 0.0017 WST. From a start-to-finish perspective, comparing the January average rate of 0.0146 to the December average rate of 0.0132, the exchange rate registered a net change of -9.35% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0147 was down 0.62% compared to the 2013 peak of 0.0148, 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 14,726 WST

2013 Average 14,524 WST

Yearly Trough Low 12,980 WST

Transaction Impact: A difference of 1,746.06 WST purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0147

0.0131

JanuMarcMayJulySeptNove

NGN to WST 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 0.0142, compared to 0.0141 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0142

H2 Avg (Jul–Dec) 0.0141

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 0.0013 WST (High: 0.0147 / Low: 0.0134). On the other end, August was the most stable month, with a tight range of 0.0002 WST (High: 0.0144 / Low: 0.0142).

November Spread (Volatile) ±0.0013

August Spread (Stable) ±0.0002

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 0.0008 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2014: 0.0140) against the same month in 2013 (average: 0.0146), the exchange rate shifted by -0.0006 (-4.08%).

2014 Avg (November) 0.0140

2013 Avg (November) 0.0146

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0147	0.0144	0.0146
February	0.0144	0.0141	0.0143
March	0.0142	0.0139	0.0141
April	0.0143	0.0140	0.0142
May	0.0144	0.0140	0.0141
June	0.0143	0.0140	0.0141
July	0.0143	0.0140	0.0142
August	0.0144	0.0142	0.0143
September	0.0146	0.0142	0.0144
October	0.0146	0.0143	0.0144
November	0.0147	0.0134	0.0140
December	0.0134	0.0130	0.0132