2015 ETB to NGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2015.
2015 ETB to NGN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2015
During 2015, the ETB to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 12, valuing the pair at 10.0870. Conversely, the yearly low was recorded on January 8, dropping to 8.8983.
This high-to-low spread represents a total annual volatility of 1.1887 NGN. From a start-to-finish perspective, comparing the January average rate of 9.1865 to the December average rate of 9.4231, the exchange rate registered a net change of 2.58% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2015 high of 10.0870 was up 10.00% compared to the 2014 peak of 9.1697, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ETB based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2015.
ETB 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 9.6297, compared to 9.5063 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1234 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2015 was February, with a trading range of 0.7628 NGN (High: 10.0870 / Low: 9.3242). On the other end, September was the most stable month, with a tight range of 0.0507 NGN (High: 9.5497 / Low: 9.4990).
Growth Streaks & Declines
TrendsBetween January and March, 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 March and April, when the average rate fell by 0.0578 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2015: 9.7613) against the same month in 2014 (average: 8.5149), the exchange rate shifted by +1.2464 (+14.64%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 9.4851 | 8.8983 | 9.1865 |
| February | 10.0870 | 9.3242 | 9.7613 |
| March | 9.9504 | 9.7498 | 9.7865 |
| April | 9.7807 | 9.6935 | 9.7287 |
| May | 9.7077 | 9.6515 | 9.6818 |
| June | 9.6723 | 9.6080 | 9.6332 |
| July | 9.6091 | 9.5449 | 9.5916 |
| August | 9.5940 | 9.5304 | 9.5575 |
| September | 9.5497 | 9.4990 | 9.5260 |
| October | 9.5399 | 9.4144 | 9.4913 |
| November | 9.4763 | 9.4225 | 9.4484 |
| December | 9.4779 | 9.3856 | 9.4231 |