YEARLY HIGH
102.1967 NGN
YEARLY LOW
89.9572 NGN
YEARLY AVERAGE
98.9484 NGN

2015 BBD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the BBD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 12, valuing the pair at 102.1967. Conversely, the yearly low was recorded on January 8, dropping to 89.9572.

This high-to-low spread represents a total annual volatility of 12.2395 NGN. From a start-to-finish perspective, comparing the January average rate of 93.0070 to the December average rate of 99.4625, the exchange rate registered a net change of 6.94% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 102.1967 was up 10.33% compared to the 2014 peak of 92.6307, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 510,984 NGN
2014 Average 412,878 NGN
Yearly Trough Low 449,786 NGN
Transaction Impact: A difference of 61,197.50 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

100.4472
92.3306
JanuMarcMayJulySeptNove

BBD 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 98.3967, compared to 99.5000 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.1032 points.

H1 Avg (Jan–Jun) 98.3967
H2 Avg (Jul–Dec) 99.5000

Volatility Range Comparison

Volatility

The most volatile month in 2015 was February, with a trading range of 7.5117 NGN (High: 102.1967 / Low: 94.6850). On the other end, October was the most stable month, with a tight range of 0.2347 NGN (High: 99.6873 / Low: 99.4525).

February Spread (Volatile) ±7.5117
October Spread (Stable) ±0.2347

Growth Streaks & Declines

Trends

Between June and October, 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 0.2783 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.2783

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2015: 99.1609) against the same month in 2014 (average: 81.9311), the exchange rate shifted by +17.2298 (+21.03%).

2015 Avg (February) 99.1609
2014 Avg (February) 81.9311

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 95.8714 89.9572 93.0070
February 102.1967 94.6850 99.1609
March 101.2980 99.1108 99.7709
April 99.6252 99.3353 99.4926
May 99.7360 99.2069 99.4893
June 99.6948 99.1760 99.4598
July 99.6247 99.2694 99.4811
August 99.6367 99.3195 99.4925
September 99.7163 99.3795 99.5231
October 99.6873 99.4525 99.5492
November 99.6522 99.2825 99.4916
December 99.6297 98.8023 99.4625