YEARLY HIGH
0.0435 NGN
YEARLY LOW
0.0366 NGN
YEARLY AVERAGE
0.0381 NGN

2014 SLL to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the SLL to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 0.0435. Conversely, the yearly low was recorded on January 4, dropping to 0.0366.

This high-to-low spread represents a total annual volatility of 0.0069 NGN. From a start-to-finish perspective, comparing the January average rate of 0.0370 to the December average rate of 0.0424, the exchange rate registered a net change of 14.48% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0435 was up 14.74% compared to the 2013 peak of 0.0379, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 218 NGN
2013 Average 184 NGN
Yearly Trough Low 183 NGN
Transaction Impact: A difference of 34.60 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0429
0.0365
JanuMarcMayJulySeptNove

SLL 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 0.0376, compared to 0.0385 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0376
H2 Avg (Jul–Dec) 0.0385

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 0.0031 NGN (High: 0.0409 / Low: 0.0378). On the other end, March was the most stable month, with a tight range of 0.0003 NGN (High: 0.0382 / Low: 0.0378).

November Spread (Volatile) ±0.0031
March Spread (Stable) ±0.0003

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 0.0005 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.0424) against the same month in 2013 (average: 0.0367), the exchange rate shifted by +0.0056 (+15.29%).

2014 Avg (December) 0.0424
2013 Avg (December) 0.0367

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0377 0.0366 0.0370
February 0.0383 0.0375 0.0379
March 0.0382 0.0378 0.0381
April 0.0385 0.0371 0.0375
May 0.0378 0.0368 0.0373
June 0.0379 0.0374 0.0376
July 0.0376 0.0371 0.0373
August 0.0374 0.0369 0.0371
September 0.0378 0.0370 0.0374
October 0.0383 0.0374 0.0378
November 0.0409 0.0378 0.0393
December 0.0435 0.0413 0.0424