2015 BOB to NGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2015.
2015 BOB to NGN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2015
During 2015, the BOB to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 12, valuing the pair at 29.6071. Conversely, the yearly low was recorded on January 8, dropping to 26.0302.
This high-to-low spread represents a total annual volatility of 3.5769 NGN. From a start-to-finish perspective, comparing the January average rate of 26.9102 to the December average rate of 28.8190, the exchange rate registered a net change of 7.09% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2015 high of 29.6071 was up 10.46% compared to the 2014 peak of 26.8024, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BOB based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2015.
BOB 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 28.4938, compared to 28.8248 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3311 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2015 was February, with a trading range of 2.2492 NGN (High: 29.6071 / Low: 27.3579). On the other end, September was the most stable month, with a tight range of 0.0596 NGN (High: 28.8414 / Low: 28.7818).
Growth Streaks & Declines
TrendsBetween May and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0539 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2015: 28.7030) against the same month in 2014 (average: 23.7169), the exchange rate shifted by +4.9860 (+21.02%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 27.7575 | 26.0302 | 26.9102 |
| February | 29.6071 | 27.3579 | 28.7030 |
| March | 29.3250 | 28.7049 | 28.8833 |
| April | 28.9214 | 28.7782 | 28.8295 |
| May | 28.8787 | 28.7377 | 28.8099 |
| June | 28.8674 | 28.7729 | 28.8267 |
| July | 28.8642 | 28.7437 | 28.8328 |
| August | 28.9478 | 28.7125 | 28.8546 |
| September | 28.8414 | 28.7818 | 28.8178 |
| October | 28.8392 | 28.7483 | 28.8142 |
| November | 28.8589 | 28.7468 | 28.8105 |
| December | 28.9276 | 28.7784 | 28.8190 |