2014 TTD to NGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 TTD to NGN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the TTD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 29.0941. Conversely, the yearly low was recorded on May 5, dropping to 24.6500.
This high-to-low spread represents a total annual volatility of 4.4441 NGN. From a start-to-finish perspective, comparing the January average rate of 24.9996 to the December average rate of 28.6083, the exchange rate registered a net change of 14.44% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2014 high of 29.0941 was up 14.05% compared to the 2013 peak of 25.5105, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 TTD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2014.
TTD 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 25.3534, compared to 26.4100 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.0566 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was November, with a trading range of 2.0950 NGN (High: 28.1788 / Low: 26.0838). On the other end, March was the most stable month, with a tight range of 0.1684 NGN (High: 25.9086 / Low: 25.7402).
Growth Streaks & Declines
TrendsBetween May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.6471 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2014: 28.6083) against the same month in 2013 (average: 24.8420), the exchange rate shifted by +3.7663 (+15.16%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 25.4449 | 24.7469 | 24.9996 |
| February | 25.8658 | 25.3816 | 25.6008 |
| March | 25.9086 | 25.7402 | 25.8222 |
| April | 25.6453 | 24.9041 | 25.1751 |
| May | 25.3499 | 24.6500 | 25.1125 |
| June | 25.5897 | 25.2159 | 25.4101 |
| July | 25.6557 | 25.4094 | 25.5210 |
| August | 25.7203 | 25.3445 | 25.5510 |
| September | 25.8502 | 25.5257 | 25.7121 |
| October | 26.1427 | 25.7239 | 25.9711 |
| November | 28.1788 | 26.0838 | 27.0964 |
| December | 29.0941 | 28.1972 | 28.6083 |