2015 GEL to NGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2015.
2015 GEL to NGN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2015
During 2015, the GEL to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 12, valuing the pair at 115.7709. Conversely, the yearly low was recorded on September 21, dropping to 81.0160.
This high-to-low spread represents a total annual volatility of 34.7549 NGN. From a start-to-finish perspective, comparing the January average rate of 105.3605 to the December average rate of 83.1052, the exchange rate registered a net change of -21.12% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2015 high of 115.7709 was up 10.33% compared to the 2014 peak of 104.9342, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GEL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2015.
GEL 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 97.4054, compared to 84.3816 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 13.0238 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2015 was March, with a trading range of 25.6473 NGN (High: 114.7528 / Low: 89.1054). On the other end, November was the most stable month, with a tight range of 0.6227 NGN (High: 83.3154 / Low: 82.6928).
Growth Streaks & Declines
TrendsBetween May and July, 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 16.6781 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2015: 112.3318) against the same month in 2014 (average: 93.4777), the exchange rate shifted by +18.8541 (+20.17%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 108.6054 | 101.9057 | 105.3605 |
| February | 115.7709 | 107.2614 | 112.3318 |
| March | 114.7528 | 89.1054 | 104.7571 |
| April | 88.8803 | 85.6871 | 88.0790 |
| May | 87.7164 | 84.1425 | 85.7971 |
| June | 88.8297 | 86.2963 | 88.1067 |
| July | 88.6512 | 87.4584 | 88.1854 |
| August | 87.5861 | 82.6398 | 85.6598 |
| September | 84.3700 | 81.0160 | 82.9932 |
| October | 84.0907 | 82.6047 | 83.3739 |
| November | 83.3154 | 82.6928 | 82.9718 |
| December | 83.7475 | 82.4822 | 83.1052 |