YEARLY HIGH
204.3935 NGN
YEARLY LOW
179.9145 NGN
YEARLY AVERAGE
197.8967 NGN

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.

Transfer Payout Power Comparison

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

Yearly Peak High 1,021,968 NGN
2014 Average 825,757 NGN
Yearly Trough Low 899,572 NGN
Transaction Impact: A difference of 122,395.01 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

200.8945
184.6612
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 196.7935
H2 Avg (Jul–Dec) 199.0000

Volatility Range Comparison

Volatility

The 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).

February Spread (Volatile) ±15.0235
October Spread (Stable) ±0.4694

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 0.5566 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.5566

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2015 Avg (February) 198.3218
2014 Avg (February) 163.8622

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