2014 SAR to NGN Historical Review

YEARLY HIGH

49.3581 NGN

YEARLY LOW

42.3298 NGN

YEARLY AVERAGE

44.0249 NGN

2014 SAR to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the SAR to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 49.3581. Conversely, the yearly low was recorded on January 4, dropping to 42.3298.

This high-to-low spread represents a total annual volatility of 7.0283 NGN. From a start-to-finish perspective, comparing the January average rate of 42.6905 to the December average rate of 48.4962, the exchange rate registered a net change of 13.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 49.3581 was up 12.96% compared to the 2013 peak of 43.6961, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 246,790 NGN

2013 Average 212,324 NGN

Yearly Trough Low 211,649 NGN

Transaction Impact: A difference of 35,141.46 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

49.0768

42.1100

JanuMarcMayJulySeptNove

SAR 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 43.3594, compared to 44.6903 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.3309 points.

H1 Avg (Jan–Jun) 43.3594

H2 Avg (Jul–Dec) 44.6903

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 3.4245 NGN (High: 47.5617 / Low: 44.1372). On the other end, March was the most stable month, with a tight range of 0.2795 NGN (High: 44.0217 / Low: 43.7421).

November Spread (Volatile) ±3.4245

March Spread (Stable) ±0.2795

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 0.6821 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.6821

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 48.4962) against the same month in 2013 (average: 42.4338), the exchange rate shifted by +6.0624 (+14.29%).

2014 Avg (December) 48.4962

2013 Avg (December) 42.4338

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	43.3874	42.3298	42.6905
February	44.1218	43.3531	43.6910
March	44.0217	43.7421	43.9296
April	43.9527	42.8350	43.2475
May	43.4539	42.3696	43.1219
June	43.6392	43.2890	43.4760
July	43.4529	43.1305	43.2656
August	43.3937	42.8986	43.2061
September	43.8073	43.2549	43.5049
October	44.1834	43.5425	43.9069
November	47.5617	44.1372	45.7622
December	49.3581	47.8350	48.4962