YEARLY HIGH
0.0353 NGN
YEARLY LOW
0.0303 NGN
YEARLY AVERAGE
0.0314 NGN

2014 ZMK to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ZMK to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 0.0353. Conversely, the yearly low was recorded on May 5, dropping to 0.0303.

This high-to-low spread represents a total annual volatility of 0.0050 NGN. From a start-to-finish perspective, comparing the January average rate of 0.0305 to the December average rate of 0.0347, the exchange rate registered a net change of 13.64% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0353 was up 12.73% compared to the 2013 peak of 0.0313, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 176 NGN
2013 Average 152 NGN
Yearly Trough Low 151 NGN
Transaction Impact: A difference of 25.12 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0351
0.0301
JanuMarcMayJulySeptNove

ZMK 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 0.0310, compared to 0.0319 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0310
H2 Avg (Jul–Dec) 0.0319

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 0.0025 NGN (High: 0.0340 / Low: 0.0315). On the other end, July was the most stable month, with a tight range of 0.0002 NGN (High: 0.0310 / Low: 0.0308).

November Spread (Volatile) ±0.0025
July Spread (Stable) ±0.0002

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 0.0005 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.0347) against the same month in 2013 (average: 0.0303), the exchange rate shifted by +0.0043 (+14.27%).

2014 Avg (December) 0.0347
2013 Avg (December) 0.0303

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0310 0.0303 0.0305
February 0.0315 0.0310 0.0312
March 0.0316 0.0312 0.0314
April 0.0314 0.0306 0.0309
May 0.0310 0.0303 0.0308
June 0.0314 0.0309 0.0310
July 0.0310 0.0308 0.0309
August 0.0310 0.0306 0.0309
September 0.0313 0.0309 0.0311
October 0.0316 0.0311 0.0314
November 0.0340 0.0315 0.0327
December 0.0353 0.0342 0.0347