2014 SVC to NGN Historical Review

YEARLY HIGH

21.1201 NGN

YEARLY LOW

18.1314 NGN

YEARLY AVERAGE

18.8714 NGN

2014 SVC to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the SVC to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 21.1201. Conversely, the yearly low was recorded on January 4, dropping to 18.1314.

This high-to-low spread represents a total annual volatility of 2.9887 NGN. From a start-to-finish perspective, comparing the January average rate of 18.2948 to the December average rate of 20.7862, the exchange rate registered a net change of 13.62% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 21.1201 was up 12.81% compared to the 2013 peak of 18.7215, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 105,601 NGN

2013 Average 91,036 NGN

Yearly Trough Low 90,657 NGN

Transaction Impact: A difference of 14,943.68 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

21.0353

18.0457

JanuMarcMayJulySeptNove

SVC 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 18.5876, compared to 19.1553 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5677 points.

H1 Avg (Jan–Jun) 18.5876

H2 Avg (Jul–Dec) 19.1553

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 1.4563 NGN (High: 20.3954 / Low: 18.9390). On the other end, March was the most stable month, with a tight range of 0.1475 NGN (High: 18.8968 / Low: 18.7493).

November Spread (Volatile) ±1.4563

March Spread (Stable) ±0.1475

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 0.3033 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.3033

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 20.7862) against the same month in 2013 (average: 18.1867), the exchange rate shifted by +2.5995 (+14.29%).

2014 Avg (December) 20.7862

2013 Avg (December) 18.1867

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	18.5848	18.1314	18.2948
February	18.9241	18.5456	18.7350
March	18.8968	18.7493	18.8362
April	18.8460	18.3704	18.5329
May	18.6295	18.2034	18.4852
June	18.7190	18.5526	18.6416
July	18.6314	18.4761	18.5442
August	18.6010	18.3818	18.5131
September	18.7281	18.4936	18.6273
October	18.9615	18.6772	18.8229
November	20.3954	18.9390	19.6379
December	21.1201	20.5074	20.7862