YEARLY HIGH
0.3493 NGN
YEARLY LOW
0.3135 NGN
YEARLY AVERAGE
0.3340 NGN

2014 XAF to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the XAF to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 13, valuing the pair at 0.3493. Conversely, the yearly low was recorded on October 3, dropping to 0.3135.

This high-to-low spread represents a total annual volatility of 0.0359 NGN. From a start-to-finish perspective, comparing the January average rate of 0.3323 to the December average rate of 0.3415, the exchange rate registered a net change of 2.76% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.3493 was up 3.15% compared to the 2013 peak of 0.3387, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,747 NGN
2013 Average 1,612 NGN
Yearly Trough Low 1,567 NGN
Transaction Impact: A difference of 179.36 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.3500
0.3152
JanuMarcMayJulySeptNove

XAF 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 0.3397, compared to 0.3283 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0113 points.

H1 Avg (Jan–Jun) 0.3397
H2 Avg (Jul–Dec) 0.3283

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 0.0237 NGN (High: 0.3389 / Low: 0.3152). On the other end, June was the most stable month, with a tight range of 0.0040 NGN (High: 0.3404 / Low: 0.3364).

November Spread (Volatile) ±0.0237
June Spread (Stable) ±0.0040

Growth Streaks & Declines

Trends

Between 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 August and September, when the average rate fell by 0.0082 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0082

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2014: 0.3471) against the same month in 2013 (average: 0.3131), the exchange rate shifted by +0.0340 (+10.86%).

2014 Avg (March) 0.3471
2013 Avg (March) 0.3131

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3385 0.3292 0.3323
February 0.3475 0.3346 0.3409
March 0.3493 0.3433 0.3471
April 0.3466 0.3389 0.3413
May 0.3419 0.3359 0.3385
June 0.3404 0.3364 0.3380
July 0.3392 0.3302 0.3348
August 0.3324 0.3251 0.3288
September 0.3251 0.3153 0.3205
October 0.3222 0.3135 0.3181
November 0.3389 0.3152 0.3263
December 0.3477 0.3376 0.3415