YEARLY HIGH
0.0041 XDR
YEARLY LOW
0.0037 XDR
YEARLY AVERAGE
0.0040 XDR

2014 NGN to XDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the NGN to XDR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 0.0041. Conversely, the yearly low was recorded on December 17, dropping to 0.0037.

This high-to-low spread represents a total annual volatility of 0.0004 XDR. From a start-to-finish perspective, comparing the January average rate of 0.0041 to the December average rate of 0.0038, the exchange rate registered a net change of -7.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0041 was down 3.07% compared to the 2013 peak of 0.0043, 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 4,126 XDR
2013 Average 4,133 XDR
Yearly Trough Low 3,717 XDR
Transaction Impact: A difference of 409.69 XDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0041
0.0037
JanuMarcMayJulySeptNove

NGN to XDR 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 0.0040, compared to 0.0040 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0040
H2 Avg (Jul–Dec) 0.0040

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 0.0003 XDR (High: 0.0041 / Low: 0.0038). On the other end, June was the most stable month, with a tight range of 0.0000 XDR (High: 0.0040 / Low: 0.0040).

November Spread (Volatile) ±0.0003
June Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0002 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2014: 0.0041) against the same month in 2013 (average: 0.0041), the exchange rate shifted by +0.0000 (+0.56%).

2014 Avg (October) 0.0041
2013 Avg (October) 0.0041

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0041 0.0040 0.0041
February 0.0040 0.0039 0.0040
March 0.0039 0.0039 0.0039
April 0.0040 0.0039 0.0040
May 0.0041 0.0040 0.0040
June 0.0040 0.0040 0.0040
July 0.0040 0.0040 0.0040
August 0.0041 0.0040 0.0040
September 0.0041 0.0041 0.0041
October 0.0041 0.0040 0.0041
November 0.0041 0.0038 0.0040
December 0.0038 0.0037 0.0038