2015 BWP to NGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2015.
2015 BWP to NGN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2015
During 2015, the BWP to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 26, valuing the pair at 21.1601. Conversely, the yearly low was recorded on December 11, dropping to 17.5668.
This high-to-low spread represents a total annual volatility of 3.5933 NGN. From a start-to-finish perspective, comparing the January average rate of 19.4052 to the December average rate of 18.0356, the exchange rate registered a net change of -7.06% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2015 high of 21.1601 was up 6.82% compared to the 2014 peak of 19.8094, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BWP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2015.
BWP 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 20.1057, compared to 19.0264 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.0793 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2015 was February, with a trading range of 1.5477 NGN (High: 21.1601 / Low: 19.6124). On the other end, August was the most stable month, with a tight range of 0.4216 NGN (High: 19.6882 / Low: 19.2667).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2015. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.6079 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2015: 20.6347) against the same month in 2014 (average: 18.2416), the exchange rate shifted by +2.3931 (+13.12%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 19.9652 | 18.7412 | 19.4052 |
| February | 21.1601 | 19.6124 | 20.6347 |
| March | 21.0324 | 19.6659 | 20.1293 |
| April | 20.4119 | 19.8875 | 20.1257 |
| May | 20.5377 | 20.0344 | 20.3131 |
| June | 20.2599 | 19.7521 | 20.0264 |
| July | 20.0805 | 19.6432 | 19.8505 |
| August | 19.6882 | 19.2667 | 19.5383 |
| September | 19.3867 | 18.7631 | 19.0481 |
| October | 19.5234 | 18.8147 | 19.1470 |
| November | 18.8763 | 18.3068 | 18.5391 |
| December | 18.5271 | 17.5668 | 18.0356 |