2014 WST to NGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 WST to NGN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the WST to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 77.0441. Conversely, the yearly low was recorded on November 9, dropping to 67.9088.
This high-to-low spread represents a total annual volatility of 9.1354 NGN. From a start-to-finish perspective, comparing the January average rate of 68.6941 to the December average rate of 75.7815, the exchange rate registered a net change of 10.32% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2014 high of 77.0441 was up 9.60% compared to the 2013 peak of 70.2972, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 WST based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2014.
WST 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 70.3065, compared to 71.1472 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8407 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was November, with a trading range of 6.5399 NGN (High: 74.4486 / Low: 67.9088). On the other end, August was the most stable month, with a tight range of 1.0376 NGN (High: 70.5655 / Low: 69.5279).
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 July and August, when the average rate fell by 0.5622 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2014: 75.7815) against the same month in 2013 (average: 68.4900), the exchange rate shifted by +7.2914 (+10.65%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 69.5695 | 68.0273 | 68.6941 |
| February | 70.8972 | 69.2769 | 70.0899 |
| March | 71.7945 | 70.1994 | 70.9499 |
| April | 71.5758 | 69.7299 | 70.5836 |
| May | 71.6625 | 69.6538 | 70.6860 |
| June | 71.3862 | 70.0297 | 70.8352 |
| July | 71.4778 | 69.8956 | 70.6659 |
| August | 70.5655 | 69.5279 | 70.1038 |
| September | 70.4066 | 68.3480 | 69.5848 |
| October | 70.1467 | 68.3680 | 69.2134 |
| November | 74.4486 | 67.9088 | 71.5336 |
| December | 77.0441 | 74.7397 | 75.7815 |