YEARLY HIGH
2.1196 NGN
YEARLY LOW
1.9083 NGN
YEARLY AVERAGE
1.9936 NGN

2015 CVE to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the CVE to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 12, valuing the pair at 2.1196. Conversely, the yearly low was recorded on November 30, dropping to 1.9083.

This high-to-low spread represents a total annual volatility of 0.2113 NGN. From a start-to-finish perspective, comparing the January average rate of 1.9661 to the December average rate of 1.9674, the exchange rate registered a net change of 0.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 2.1196 was up 1.06% compared to the 2014 peak of 2.0974, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,598 NGN
2014 Average 9,981 NGN
Yearly Trough Low 9,541 NGN
Transaction Impact: A difference of 1,056.64 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

2.0556
1.9249
JanuMarcMayJulySeptNove

CVE 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 1.9952, compared to 1.9921 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0031 points.

H1 Avg (Jan–Jun) 1.9952
H2 Avg (Jul–Dec) 1.9921

Volatility Range Comparison

Volatility

The most volatile month in 2015 was February, with a trading range of 0.1818 NGN (High: 2.1196 / Low: 1.9378). On the other end, July was the most stable month, with a tight range of 0.0554 NGN (High: 2.0099 / Low: 1.9545).

February Spread (Volatile) ±0.1818
July Spread (Stable) ±0.0554

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0897 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0897

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2015: 2.0447) against the same month in 2014 (average: 2.0390), the exchange rate shifted by +0.0057 (+0.28%).

2015 Avg (February) 2.0447
2014 Avg (February) 2.0390

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.0152 1.9251 1.9661
February 2.1196 1.9378 2.0447
March 2.0600 1.9100 1.9640
April 2.0092 1.9202 1.9543
May 2.0648 1.9619 2.0188
June 2.0516 1.9767 2.0233
July 2.0099 1.9545 1.9851
August 2.0931 1.9649 2.0103
September 2.0617 2.0057 2.0284
October 2.0715 1.9729 2.0255
November 1.9896 1.9083 1.9358
December 1.9871 1.9161 1.9674