YEARLY HIGH
3.1901 XAF
YEARLY LOW
2.8625 XAF
YEARLY AVERAGE
2.9963 XAF

2014 NGN to XAF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the NGN to XAF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 3.1901. Conversely, the yearly low was recorded on March 13, dropping to 2.8625.

This high-to-low spread represents a total annual volatility of 0.3276 XAF. From a start-to-finish perspective, comparing the January average rate of 3.0094 to the December average rate of 2.9287, the exchange rate registered a net change of -2.68% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 3.1901 was down 1.33% compared to the 2013 peak of 3.2331, 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 3,190,114 XAF
2013 Average 3,103,018 XAF
Yearly Trough Low 2,862,536 XAF
Transaction Impact: A difference of 327,578.26 XAF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

3.1705
2.8550
JanuMarcMayJulySeptNove

NGN to XAF 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 2.9447, compared to 3.0479 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1032 points.

H1 Avg (Jan–Jun) 2.9447
H2 Avg (Jul–Dec) 3.0479

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 0.2221 XAF (High: 3.1730 / Low: 2.9509). On the other end, June was the most stable month, with a tight range of 0.0351 XAF (High: 2.9726 / Low: 2.9375).

November Spread (Volatile) ±0.2221
June Spread (Stable) ±0.0351

Growth Streaks & Declines

Trends

Between March and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.1376 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.1376

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2014: 3.1442) against the same month in 2013 (average: 3.0083), the exchange rate shifted by +0.1360 (+4.52%).

2014 Avg (October) 3.1442
2013 Avg (October) 3.0083

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3.0377 2.9543 3.0094
February 2.9886 2.8780 2.9340
March 2.9131 2.8625 2.8813
April 2.9507 2.8856 2.9301
May 2.9774 2.9248 2.9546
June 2.9726 2.9375 2.9589
July 3.0283 2.9478 2.9869
August 3.0757 3.0081 3.0417
September 3.1714 3.0758 3.1200
October 3.1901 3.1035 3.1442
November 3.1730 2.9509 3.0663
December 2.9624 2.8760 2.9287