2014 YER to NGN Historical Review

YEARLY HIGH

0.8616 NGN

YEARLY LOW

0.7380 NGN

YEARLY AVERAGE

0.7681 NGN

2014 YER to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the YER to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 0.8616. Conversely, the yearly low was recorded on January 4, dropping to 0.7380.

This high-to-low spread represents a total annual volatility of 0.1236 NGN. From a start-to-finish perspective, comparing the January average rate of 0.7445 to the December average rate of 0.8466, the exchange rate registered a net change of 13.72% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.8616 was up 13.01% compared to the 2013 peak of 0.7624, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,308 NGN

2013 Average 3,704 NGN

Yearly Trough Low 3,690 NGN

Transaction Impact: A difference of 617.91 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.8568

0.7343

JanuMarcMayJulySeptNove

YER 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 0.7564, compared to 0.7798 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0235 points.

H1 Avg (Jan–Jun) 0.7564

H2 Avg (Jul–Dec) 0.7798

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 0.0602 NGN (High: 0.8302 / Low: 0.7699). On the other end, March was the most stable month, with a tight range of 0.0048 NGN (High: 0.7680 / Low: 0.7631).

November Spread (Volatile) ±0.0602

March Spread (Stable) ±0.0048

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 0.0117 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0117

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.8466) against the same month in 2013 (average: 0.7400), the exchange rate shifted by +0.1066 (+14.40%).

2014 Avg (December) 0.8466

2013 Avg (December) 0.7400

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7569	0.7380	0.7445
February	0.7696	0.7561	0.7620
March	0.7680	0.7631	0.7664
April	0.7668	0.7471	0.7546
May	0.7580	0.7390	0.7522
June	0.7613	0.7552	0.7585
July	0.7580	0.7524	0.7548
August	0.7572	0.7483	0.7538
September	0.7642	0.7545	0.7589
October	0.7707	0.7595	0.7660
November	0.8302	0.7699	0.7987
December	0.8616	0.8352	0.8466