YEARLY HIGH
0.1356 NGN
YEARLY LOW
0.1189 NGN
YEARLY AVERAGE
0.1312 NGN

2015 LBP to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the LBP to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 12, valuing the pair at 0.1356. Conversely, the yearly low was recorded on January 8, dropping to 0.1189.

This high-to-low spread represents a total annual volatility of 0.0167 NGN. From a start-to-finish perspective, comparing the January average rate of 0.1230 to the December average rate of 0.1319, the exchange rate registered a net change of 7.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.1356 was up 10.78% compared to the 2014 peak of 0.1224, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 678 NGN
2014 Average 547 NGN
Yearly Trough Low 595 NGN
Transaction Impact: A difference of 83.50 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.1335
0.1221
JanuMarcMayJulySeptNove

LBP 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 0.1305, compared to 0.1320 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.1305
H2 Avg (Jul–Dec) 0.1320

Volatility Range Comparison

Volatility

The most volatile month in 2015 was February, with a trading range of 0.0103 NGN (High: 0.1356 / Low: 0.1254). On the other end, June was the most stable month, with a tight range of 0.0003 NGN (High: 0.1321 / Low: 0.1318).

February Spread (Volatile) ±0.0103
June Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0005 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2015: 0.1316) against the same month in 2014 (average: 0.1089), the exchange rate shifted by +0.0226 (+20.77%).

2015 Avg (February) 0.1316
2014 Avg (February) 0.1089

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1268 0.1189 0.1230
February 0.1356 0.1254 0.1316
March 0.1342 0.1318 0.1325
April 0.1323 0.1317 0.1320
May 0.1323 0.1317 0.1320
June 0.1321 0.1318 0.1319
July 0.1321 0.1316 0.1320
August 0.1322 0.1317 0.1320
September 0.1322 0.1318 0.1320
October 0.1322 0.1318 0.1320
November 0.1321 0.1316 0.1319
December 0.1328 0.1312 0.1319