2014 NIO to NGN Historical Review

YEARLY HIGH

7.0031 NGN

YEARLY LOW

6.1644 NGN

YEARLY AVERAGE

6.3569 NGN

2014 NIO to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the NIO to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 7.0031. Conversely, the yearly low was recorded on May 5, dropping to 6.1644.

This high-to-low spread represents a total annual volatility of 0.8387 NGN. From a start-to-finish perspective, comparing the January average rate of 6.3011 to the December average rate of 6.8673, the exchange rate registered a net change of 8.99% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 7.0031 was up 5.12% compared to the 2013 peak of 6.6619, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 NIO based on timing:

Yearly Peak High 35,015 NGN

2013 Average 32,271 NGN

Yearly Trough Low 30,822 NGN

Transaction Impact: A difference of 4,193.48 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

6.9328

6.1469

JanuMarcMayJulySeptNove

NIO to NGN 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 6.3419, compared to 6.3719 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0300 points.

H1 Avg (Jan–Jun) 6.3419

H2 Avg (Jul–Dec) 6.3719

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 0.4991 NGN (High: 6.7176 / Low: 6.2186). On the other end, July was the most stable month, with a tight range of 0.0580 NGN (High: 6.2708 / Low: 6.2127).

November Spread (Volatile) ±0.4991

July Spread (Stable) ±0.0580

Growth Streaks & Declines

Trends

Between January and March, 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 March and April, when the average rate fell by 0.1427 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1427

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 6.8673) against the same month in 2013 (average: 6.2863), the exchange rate shifted by +0.5810 (+9.24%).

2014 Avg (December) 6.8673

2013 Avg (December) 6.2863

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	6.4172	6.2280	6.3011
February	6.4982	6.3511	6.4315
March	6.4995	6.4124	6.4472
April	6.4087	6.2335	6.3045
May	6.3256	6.1644	6.2736
June	6.3244	6.2604	6.2934
July	6.2708	6.2127	6.2378
August	6.2530	6.1827	6.2124
September	6.3194	6.1811	6.2250
October	6.2962	6.1671	6.2248
November	6.7176	6.2186	6.4638
December	7.0031	6.7724	6.8673