YEARLY HIGH
0.0170 XCD
YEARLY LOW
0.0146 XCD
YEARLY AVERAGE
0.0164 XCD

2014 NGN to XCD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the NGN to XCD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 0.0170. Conversely, the yearly low was recorded on December 23, dropping to 0.0146.

This high-to-low spread represents a total annual volatility of 0.0024 XCD. From a start-to-finish perspective, comparing the January average rate of 0.0169 to the December average rate of 0.0148, the exchange rate registered a net change of -12.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0170 was down 2.09% compared to the 2013 peak of 0.0174, 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 17,014 XCD
2013 Average 16,966 XCD
Yearly Trough Low 14,582 XCD
Transaction Impact: A difference of 2,431.59 XCD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0171
0.0146
JanuMarcMayJulySeptNove

NGN to XCD 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 0.0166, compared to 0.0161 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0166
H2 Avg (Jul–Dec) 0.0161

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 0.0012 XCD (High: 0.0163 / Low: 0.0151). On the other end, March was the most stable month, with a tight range of 0.0001 XCD (High: 0.0165 / Low: 0.0164).

November Spread (Volatile) ±0.0012
March Spread (Stable) ±0.0001

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 0.0009 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 0.0169) against the same month in 2013 (average: 0.0172), the exchange rate shifted by -0.0004 (-2.09%).

2014 Avg (January) 0.0169
2013 Avg (January) 0.0172

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0170 0.0166 0.0169
February 0.0166 0.0163 0.0165
March 0.0165 0.0164 0.0164
April 0.0168 0.0164 0.0167
May 0.0170 0.0166 0.0167
June 0.0166 0.0165 0.0166
July 0.0167 0.0166 0.0166
August 0.0168 0.0166 0.0167
September 0.0167 0.0164 0.0166
October 0.0165 0.0163 0.0164
November 0.0163 0.0151 0.0157
December 0.0150 0.0146 0.0148