2015 BMD to NGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2015.
2015 BMD to NGN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2015
During 2015, the BMD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 12, valuing the pair at 204.3935. Conversely, the yearly low was recorded on January 8, dropping to 179.9145.
This high-to-low spread represents a total annual volatility of 24.4790 NGN. From a start-to-finish perspective, comparing the January average rate of 186.0139 to the December average rate of 198.9250, 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 204.3935 was up 10.33% compared to the 2014 peak of 185.2614, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BMD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2015.
BMD 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 196.7935, compared to 199.0000 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.2065 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2015 was February, with a trading range of 15.0235 NGN (High: 204.3935 / Low: 189.3700). On the other end, October was the most stable month, with a tight range of 0.4694 NGN (High: 199.3745 / Low: 198.9051).
Growth Streaks & Declines
TrendsBetween 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 0.5566 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2015: 198.3218) against the same month in 2014 (average: 163.8622), the exchange rate shifted by +34.4596 (+21.03%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 191.7429 | 179.9145 | 186.0139 |
| February | 204.3935 | 189.3700 | 198.3218 |
| March | 202.5960 | 198.2216 | 199.5417 |
| April | 199.2503 | 198.6706 | 198.9851 |
| May | 199.4720 | 198.4137 | 198.9787 |
| June | 199.3896 | 198.3520 | 198.9196 |
| July | 199.2494 | 198.5389 | 198.9621 |
| August | 199.2734 | 198.6390 | 198.9850 |
| September | 199.4327 | 198.7590 | 199.0462 |
| October | 199.3745 | 198.9051 | 199.0983 |
| November | 199.3045 | 198.5651 | 198.9832 |
| December | 199.2593 | 197.6045 | 198.9250 |