YEARLY HIGH
119.0845 NGN
YEARLY LOW
107.1907 NGN
YEARLY AVERAGE
112.3052 NGN

2015 BGN to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the BGN to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 15, valuing the pair at 119.0845. Conversely, the yearly low was recorded on March 15, dropping to 107.1907.

This high-to-low spread represents a total annual volatility of 11.8939 NGN. From a start-to-finish perspective, comparing the January average rate of 110.5869 to the December average rate of 110.8644, the exchange rate registered a net change of 0.25% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 119.0845 was up 1.73% compared to the 2014 peak of 117.0591, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 595,423 NGN
2014 Average 559,971 NGN
Yearly Trough Low 535,953 NGN
Transaction Impact: A difference of 59,469.29 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

115.6871
108.5403
JanuMarcMayJulySeptNove

BGN 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 112.3065, compared to 112.3040 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0025 points.

H1 Avg (Jan–Jun) 112.3065
H2 Avg (Jul–Dec) 112.3040

Volatility Range Comparison

Volatility

The most volatile month in 2015 was February, with a trading range of 9.6016 NGN (High: 119.0845 / Low: 109.4829). On the other end, September was the most stable month, with a tight range of 2.5640 NGN (High: 115.9360 / Low: 113.3720).

February Spread (Volatile) ±9.6016
September Spread (Stable) ±2.5640

Growth Streaks & Declines

Trends

Between April and June, 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 October and November, when the average rate fell by 5.0750 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -5.0750

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2015: 115.0915) against the same month in 2014 (average: 114.2986), the exchange rate shifted by +0.7929 (+0.69%).

2015 Avg (February) 115.0915
2014 Avg (February) 114.2986

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 113.6165 108.5731 110.5869
February 119.0845 109.4829 115.0915
March 115.9056 107.1907 110.4502
April 113.6775 107.6763 110.0203
May 116.3823 110.6992 113.5688
June 115.4529 111.1967 114.1210
July 113.2147 110.1847 111.9323
August 117.4761 110.9302 113.3082
September 115.9360 113.3720 114.3725
October 116.5918 111.4707 114.2109
November 112.0025 107.6096 109.1359
December 111.7749 107.9881 110.8644