2014 QAR to NGN Historical Review

YEARLY HIGH

50.8730 NGN

YEARLY LOW

43.5970 NGN

YEARLY AVERAGE

45.3519 NGN

2014 QAR to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the QAR to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 50.8730. Conversely, the yearly low was recorded on January 4, dropping to 43.5970.

This high-to-low spread represents a total annual volatility of 7.2759 NGN. From a start-to-finish perspective, comparing the January average rate of 43.9680 to the December average rate of 49.9851, the exchange rate registered a net change of 13.69% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 50.8730 was up 13.01% compared to the 2013 peak of 45.0175, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 254,365 NGN

2013 Average 218,706 NGN

Yearly Trough Low 217,985 NGN

Transaction Impact: A difference of 36,379.65 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

50.5868

43.3663

JanuMarcMayJulySeptNove

QAR 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 44.6617, compared to 46.0420 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.3802 points.

H1 Avg (Jan–Jun) 44.6617

H2 Avg (Jul–Dec) 46.0420

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 3.5473 NGN (High: 49.0210 / Low: 45.4737). On the other end, March was the most stable month, with a tight range of 0.2845 NGN (High: 45.3355 / Low: 45.0510).

November Spread (Volatile) ±3.5473

March Spread (Stable) ±0.2845

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.6970 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.6970

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 49.9851) against the same month in 2013 (average: 43.7076), the exchange rate shifted by +6.2775 (+14.36%).

2014 Avg (December) 49.9851

2013 Avg (December) 43.7076

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	44.6819	43.5970	43.9680
February	45.4443	44.6199	44.9999
March	45.3355	45.0510	45.2437
April	45.2720	44.1237	44.5467
May	44.7646	43.6506	44.4230
June	44.9600	44.5995	44.7892
July	44.7652	44.4274	44.5701
August	44.6977	44.1836	44.5025
September	45.0621	44.5511	44.8074
October	45.5209	44.8520	45.2315
November	49.0210	45.4737	47.1552
December	50.8730	49.3021	49.9851