2014 PLN to NGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 PLN to NGN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the PLN to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 28, valuing the pair at 54.7741. Conversely, the yearly low was recorded on November 9, dropping to 48.8973.
This high-to-low spread represents a total annual volatility of 5.8768 NGN. From a start-to-finish perspective, comparing the January average rate of 52.2433 to the December average rate of 52.9453, the exchange rate registered a net change of 1.34% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2014 high of 54.7741 was up 2.21% compared to the 2013 peak of 53.5890, indicating shifts in long-term support levels.
Comparing the value generated converting 20,000 PLN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2014.
PLN to NGN Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 53.4028, compared to 51.3497 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.0530 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was November, with a trading range of 4.2760 NGN (High: 53.1733 / Low: 48.8973). On the other end, October was the most stable month, with a tight range of 1.0534 NGN (High: 50.0559 / Low: 49.0025).
Growth Streaks & Declines
TrendsBetween 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 July and August, when the average rate fell by 1.5636 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2014: 53.6096) against the same month in 2013 (average: 50.4493), the exchange rate shifted by +3.1603 (+6.26%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 53.1018 | 51.7469 | 52.2433 |
| February | 54.7741 | 51.6396 | 53.6096 |
| March | 54.7498 | 53.6918 | 54.2527 |
| April | 54.4795 | 52.8477 | 53.5390 |
| May | 53.5364 | 52.4454 | 53.1477 |
| June | 54.5265 | 53.1499 | 53.6243 |
| July | 53.6756 | 51.9443 | 53.0151 |
| August | 51.9531 | 50.6467 | 51.4516 |
| September | 50.8506 | 49.5175 | 50.2019 |
| October | 50.0559 | 49.0025 | 49.6381 |
| November | 53.1733 | 48.8973 | 50.8465 |
| December | 54.5606 | 50.8446 | 52.9453 |