YEARLY HIGH
56.3533 NGN
YEARLY LOW
48.2907 NGN
YEARLY AVERAGE
50.1159 NGN

2014 SRD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the SRD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 56.3533. Conversely, the yearly low was recorded on January 4, dropping to 48.2907.

This high-to-low spread represents a total annual volatility of 8.0626 NGN. From a start-to-finish perspective, comparing the January average rate of 48.7452 to the December average rate of 55.2954, the exchange rate registered a net change of 13.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 56.3533 was up 13.04% compared to the 2013 peak of 49.8529, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 281,766 NGN
2013 Average 242,631 NGN
Yearly Trough Low 241,454 NGN
Transaction Impact: A difference of 40,312.85 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

55.9504
48.0902
JanuMarcMayJulySeptNove

SRD 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 49.4264, compared to 50.8055 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.3792 points.

H1 Avg (Jan–Jun) 49.4264
H2 Avg (Jul–Dec) 50.8055

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 4.5186 NGN (High: 54.5063 / Low: 49.9876). On the other end, March was the most stable month, with a tight range of 0.3138 NGN (High: 50.2808 / Low: 49.9670).

November Spread (Volatile) ±4.5186
March Spread (Stable) ±0.3138

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.6013 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.6013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 55.2954) against the same month in 2013 (average: 48.4415), the exchange rate shifted by +6.8539 (+14.15%).

2014 Avg (December) 55.2954
2013 Avg (December) 48.4415

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 49.5576 48.2907 48.7452
February 50.3928 49.4599 49.8757
March 50.2808 49.9670 50.1508
April 50.2047 48.9886 49.5495
May 49.2598 48.6019 48.9842
June 49.4739 49.0538 49.2527
July 49.4348 48.8030 49.0996
August 49.6867 48.5253 49.1069
September 50.0409 48.7186 49.4785
October 50.1020 49.3684 49.7955
November 54.5063 49.9876 52.0574
December 56.3533 54.2662 55.2954