2015 MDL to NGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2015.
2015 MDL to NGN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2015
During 2015, the MDL to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 11.7585. Conversely, the yearly low was recorded on September 27, dropping to 9.8542.
This high-to-low spread represents a total annual volatility of 1.9044 NGN. From a start-to-finish perspective, comparing the January average rate of 11.1861 to the December average rate of 10.0892, the exchange rate registered a net change of -9.81% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2015 high of 11.7585 was down 5.34% compared to the 2014 peak of 12.4216, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MDL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2015.
MDL 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 10.9461, compared to 10.1934 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.7527 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2015 was January, with a trading range of 1.3049 NGN (High: 11.7585 / Low: 10.4536). On the other end, November was the most stable month, with a tight range of 0.1507 NGN (High: 10.0343 / Low: 9.8836).
Growth Streaks & Declines
TrendsBetween February and May, 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 January and February, when the average rate fell by 0.5063 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2015: 11.1861) against the same month in 2014 (average: 12.1493), the exchange rate shifted by -0.9632 (-7.93%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 11.7585 | 10.4536 | 11.1861 |
| February | 10.9798 | 10.4254 | 10.6799 |
| March | 11.0763 | 10.6585 | 10.8646 |
| April | 11.4298 | 10.7503 | 11.0653 |
| May | 11.2842 | 10.9546 | 11.1164 |
| June | 11.0370 | 10.3859 | 10.7641 |
| July | 10.6355 | 10.3979 | 10.5051 |
| August | 10.6127 | 10.3686 | 10.4808 |
| September | 10.3494 | 9.8542 | 10.1113 |
| October | 10.1462 | 9.9046 | 10.0098 |
| November | 10.0343 | 9.8836 | 9.9642 |
| December | 10.1747 | 9.9871 | 10.0892 |