2015 BGN to NGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2015.
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.
Comparing the value generated converting 5,000 BGN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2015.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |