2015 MAD to NGN Historical Review

YEARLY HIGH

21.4760 NGN

YEARLY LOW

19.4328 NGN

YEARLY AVERAGE

20.3017 NGN

2015 MAD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the MAD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 12, valuing the pair at 21.4760. Conversely, the yearly low was recorded on January 8, dropping to 19.4328.

This high-to-low spread represents a total annual volatility of 2.0433 NGN. From a start-to-finish perspective, comparing the January average rate of 19.8603 to the December average rate of 20.1080, the exchange rate registered a net change of 1.25% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 21.4760 was up 3.85% compared to the 2014 peak of 20.6797, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 107,380 NGN

2014 Average 98,161 NGN

Yearly Trough Low 97,164 NGN

Transaction Impact: A difference of 10,216.32 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

20.8770

19.7678

JanuMarcMayJulySeptNove

MAD 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 20.3100, compared to 20.2935 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0165 points.

H1 Avg (Jan–Jun) 20.3100

H2 Avg (Jul–Dec) 20.2935

Volatility Range Comparison

Volatility

The most volatile month in 2015 was February, with a trading range of 1.7093 NGN (High: 21.4760 / Low: 19.7668). On the other end, September was the most stable month, with a tight range of 0.2842 NGN (High: 20.6954 / Low: 20.4111).

February Spread (Volatile) ±1.7093

September Spread (Stable) ±0.2842

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 February and March, when the average rate fell by 0.6196 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.6196

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2015: 20.7846) against the same month in 2014 (average: 19.9476), the exchange rate shifted by +0.8370 (+4.20%).

2015 Avg (February) 20.7846

2014 Avg (February) 19.9476

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	20.2295	19.4328	19.8603
February	21.4760	19.7668	20.7846
March	21.0040	19.6954	20.1650
April	20.4639	19.7883	20.0643
May	20.7578	20.1345	20.4563
June	20.6627	20.1884	20.5294
July	20.4163	20.0967	20.2796
August	20.8788	20.1545	20.4139
September	20.6954	20.4111	20.5180
October	20.7619	20.1911	20.5005
November	20.2596	19.7650	19.9411
December	20.2254	19.8056	20.1080