2014 SCR to NGN Historical Review

YEARLY HIGH

13.7501 NGN

YEARLY LOW

11.6490 NGN

YEARLY AVERAGE

13.0072 NGN

2014 SCR to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the SCR to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 31, valuing the pair at 13.7501. Conversely, the yearly low was recorded on October 30, dropping to 11.6490.

This high-to-low spread represents a total annual volatility of 2.1011 NGN. From a start-to-finish perspective, comparing the January average rate of 13.2648 to the December average rate of 13.0161, the exchange rate registered a net change of -1.88% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 13.7501 was up 0.50% compared to the 2013 peak of 13.6816, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 68,750 NGN

2013 Average 65,969 NGN

Yearly Trough Low 58,245 NGN

Transaction Impact: A difference of 10,505.40 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

13.7230

11.9416

JanuMarcMayJulySeptNove

SCR 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 13.3874, compared to 12.6271 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.7603 points.

H1 Avg (Jan–Jun) 13.3874

H2 Avg (Jul–Dec) 12.6271

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 1.0102 NGN (High: 13.7327 / Low: 12.7225). On the other end, July was the most stable month, with a tight range of 0.1443 NGN (High: 13.2536 / Low: 13.1093).

December Spread (Volatile) ±1.0102

July Spread (Stable) ±0.1443

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 0.4146 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.4146

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2014: 13.5745) against the same month in 2013 (average: 13.3758), the exchange rate shifted by +0.1988 (+1.49%).

2014 Avg (March) 13.5745

2013 Avg (March) 13.3758

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	13.4473	13.1605	13.2648
February	13.7069	13.2896	13.5046
March	13.7501	13.4443	13.5745
April	13.6604	13.1098	13.4293
May	13.5244	12.9629	13.2576
June	13.4898	13.1738	13.2935
July	13.2536	13.1093	13.1875
August	13.2176	12.4992	12.8898
September	12.5762	12.4198	12.4752
October	12.5550	11.6490	12.0900
November	12.5768	11.6584	12.1039
December	13.7327	12.7225	13.0161