2014 SEK to NGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 SEK to NGN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the SEK to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 25.9465. Conversely, the yearly low was recorded on November 3, dropping to 22.3493.
This high-to-low spread represents a total annual volatility of 3.5972 NGN. From a start-to-finish perspective, comparing the January average rate of 24.7006 to the December average rate of 23.7976, the exchange rate registered a net change of -3.66% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2014 high of 25.9465 was up 2.20% compared to the 2013 peak of 25.3891, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SEK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2014.
SEK to NGN Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 24.8927, compared to 23.3109 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.5818 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was November, with a trading range of 1.6216 NGN (High: 23.9709 / Low: 22.3493). On the other end, August was the most stable month, with a tight range of 0.4888 NGN (High: 23.7204 / Low: 23.2316).
Growth Streaks & Declines
TrendsBetween 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 0.9380 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2014: 25.6862) against the same month in 2013 (average: 24.5723), the exchange rate shifted by +1.1139 (+4.53%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 25.2780 | 24.2792 | 24.7006 |
| February | 25.7277 | 24.8401 | 25.2292 |
| March | 25.9465 | 25.3590 | 25.6862 |
| April | 25.5199 | 24.4235 | 24.7482 |
| May | 24.7996 | 24.2878 | 24.5923 |
| June | 24.6879 | 24.1644 | 24.3999 |
| July | 24.3215 | 23.4839 | 23.7959 |
| August | 23.7204 | 23.2316 | 23.4869 |
| September | 23.2212 | 22.5639 | 22.8696 |
| October | 23.0232 | 22.4338 | 22.7627 |
| November | 23.9709 | 22.3493 | 23.1528 |
| December | 24.5659 | 23.2801 | 23.7976 |