YEARLY HIGH
29.6071 NGN
YEARLY LOW
26.0302 NGN
YEARLY AVERAGE
28.6593 NGN

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.

Transfer Payout Power Comparison

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

Yearly Peak High 148,036 NGN
2014 Average 119,480 NGN
Yearly Trough Low 130,151 NGN
Transaction Impact: A difference of 17,884.71 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

29.0807
26.7129
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 28.4938
H2 Avg (Jul–Dec) 28.8248

Volatility Range Comparison

Volatility

The 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).

February Spread (Volatile) ±2.2492
September Spread (Stable) ±0.0596

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0539

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2015 Avg (February) 28.7030
2014 Avg (February) 23.7169

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