2014 NGN to XOF Historical Review

YEARLY HIGH

3.1855 XOF

YEARLY LOW

2.8609 XOF

YEARLY AVERAGE

2.9968 XOF

2014 NGN to XOF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the NGN to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 3.1855. Conversely, the yearly low was recorded on March 13, dropping to 2.8609.

This high-to-low spread represents a total annual volatility of 0.3246 XOF. From a start-to-finish perspective, comparing the January average rate of 3.0105 to the December average rate of 2.9269, the exchange rate registered a net change of -2.78% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 3.1855 was down 1.48% compared to the 2013 peak of 3.2334, 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 3,185,456 XOF

2013 Average 3,103,304 XOF

Yearly Trough Low 2,860,863 XOF

Transaction Impact: A difference of 324,592.71 XOF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

3.1699

2.8551

JanuMarcMayJulySeptNove

NGN to XOF 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 2.9458, compared to 3.0477 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1019 points.

H1 Avg (Jan–Jun) 2.9458

H2 Avg (Jul–Dec) 3.0477

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 0.2264 XOF (High: 3.1744 / Low: 2.9480). On the other end, June was the most stable month, with a tight range of 0.0351 XOF (High: 2.9736 / Low: 2.9385).

November Spread (Volatile) ±0.2264

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 0.1389 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.1389

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2014: 3.1436) against the same month in 2013 (average: 3.0091), the exchange rate shifted by +0.1345 (+4.47%).

2014 Avg (October) 3.1436

2013 Avg (October) 3.0091

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	3.0401	2.9530	3.0105
February	2.9890	2.8816	2.9348
March	2.9115	2.8609	2.8813
April	2.9521	2.8859	2.9323
May	2.9818	2.9257	2.9556
June	2.9736	2.9385	2.9603
July	3.0298	2.9496	2.9882
August	3.0751	3.0095	3.0426
September	3.1661	3.0773	3.1190
October	3.1855	3.1049	3.1436
November	3.1744	2.9480	3.0659
December	2.9602	2.8735	2.9269