2014 SBD to NGN Historical Review

YEARLY HIGH

24.5363 NGN

YEARLY LOW

21.7959 NGN

YEARLY AVERAGE

22.5803 NGN

2014 SBD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the SBD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 24.5363. Conversely, the yearly low was recorded on May 5, dropping to 21.7959.

This high-to-low spread represents a total annual volatility of 2.7404 NGN. From a start-to-finish perspective, comparing the January average rate of 22.1968 to the December average rate of 24.0585, the exchange rate registered a net change of 8.39% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 24.5363 was up 6.42% compared to the 2013 peak of 23.0558, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 122,682 NGN

2013 Average 111,305 NGN

Yearly Trough Low 108,979 NGN

Transaction Impact: A difference of 13,702.22 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

24.2508

21.9441

JanuMarcMayJulySeptNove

SBD 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 22.3895, compared to 22.7710 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3815 points.

H1 Avg (Jan–Jun) 22.3895

H2 Avg (Jul–Dec) 22.7710

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 1.5649 NGN (High: 23.8543 / Low: 22.2894). On the other end, March was the most stable month, with a tight range of 0.1599 NGN (High: 22.7250 / Low: 22.5651).

November Spread (Volatile) ±1.5649

March Spread (Stable) ±0.1599

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 0.3727 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.3727

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 24.0585) against the same month in 2013 (average: 22.1295), the exchange rate shifted by +1.9290 (+8.72%).

2014 Avg (December) 24.0585

2013 Avg (December) 22.1295

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	22.5747	21.9472	22.1968
February	22.7761	22.3884	22.5534
March	22.7250	22.5651	22.6686
April	22.6726	22.0397	22.2959
May	22.3645	21.7959	22.1363
June	22.6253	22.2244	22.4862
July	22.5706	22.3152	22.4256
August	22.5415	22.2349	22.4019
September	22.6051	22.1611	22.3578
October	22.4878	22.0636	22.3038
November	23.8543	22.2894	23.0783
December	24.5363	23.6077	24.0585