2015 GMD to NGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2015.
2015 GMD to NGN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2015
During 2015, the GMD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on October 24, valuing the pair at 5.1389. Conversely, the yearly low was recorded on January 11, dropping to 4.1464.
This high-to-low spread represents a total annual volatility of 0.9926 NGN. From a start-to-finish perspective, comparing the January average rate of 4.3315 to the December average rate of 5.0326, the exchange rate registered a net change of 16.19% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2015 high of 5.1389 was up 18.45% compared to the 2014 peak of 4.3383, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GMD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2015.
GMD 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 4.5817, compared to 5.0433 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4616 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2015 was June, with a trading range of 0.4237 NGN (High: 5.0392 / Low: 4.6154). On the other end, May was the most stable month, with a tight range of 0.0215 NGN (High: 4.6342 / Low: 4.6126).
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 November and December, when the average rate fell by 0.0318 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2015: 5.0839) against the same month in 2014 (average: 4.0223), the exchange rate shifted by +1.0617 (+26.39%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 4.5042 | 4.1464 | 4.3315 |
| February | 4.7541 | 4.3355 | 4.5994 |
| March | 4.7006 | 4.6074 | 4.6371 |
| April | 4.6395 | 4.6094 | 4.6245 |
| May | 4.6342 | 4.6126 | 4.6243 |
| June | 5.0392 | 4.6154 | 4.6735 |
| July | 5.0531 | 4.9714 | 5.0183 |
| August | 5.0664 | 4.9709 | 5.0067 |
| September | 5.1118 | 4.8921 | 5.0538 |
| October | 5.1389 | 5.0281 | 5.0839 |
| November | 5.1181 | 5.0192 | 5.0645 |
| December | 5.0600 | 4.9843 | 5.0326 |