2014 RON to NGN Historical Review

YEARLY HIGH

51.3776 NGN

YEARLY LOW

46.5127 NGN

YEARLY AVERAGE

49.3228 NGN

2014 RON to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the RON to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 1, valuing the pair at 51.3776. Conversely, the yearly low was recorded on October 4, dropping to 46.5127.

This high-to-low spread represents a total annual volatility of 4.8649 NGN. From a start-to-finish perspective, comparing the January average rate of 48.2353 to the December average rate of 50.2315, the exchange rate registered a net change of 4.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 51.3776 was up 3.35% compared to the 2013 peak of 49.7124, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 256,888 NGN

2013 Average 239,387 NGN

Yearly Trough Low 232,564 NGN

Transaction Impact: A difference of 24,324.61 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

51.0400

46.9376

JanuMarcMayJulySeptNove

RON 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 49.9484, compared to 48.6972 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.2512 points.

H1 Avg (Jan–Jun) 49.9484

H2 Avg (Jul–Dec) 48.6972

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 3.5591 NGN (High: 50.1637 / Low: 46.6046). On the other end, August was the most stable month, with a tight range of 0.6086 NGN (High: 49.0783 / Low: 48.4697).

November Spread (Volatile) ±3.5591

August Spread (Stable) ±0.6086

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 August and September, when the average rate fell by 1.0797 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.0797

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 50.2315) against the same month in 2013 (average: 48.8618), the exchange rate shifted by +1.3696 (+2.80%).

2014 Avg (December) 50.2315

2013 Avg (December) 48.8618

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	49.2734	47.7079	48.2353
February	50.6146	48.8199	49.8223
March	50.9734	49.8977	50.6981
April	50.9425	49.9037	50.2135
May	50.6587	49.6843	50.2225
June	50.8849	50.2549	50.4989
July	50.7526	49.0283	49.8333
August	49.0783	48.4697	48.7793
September	48.5531	46.9374	47.6996
October	47.8750	46.5127	47.2794
November	50.1637	46.6046	48.3602
December	51.3776	49.4360	50.2315