2015 MRO to NGN Historical Review

YEARLY HIGH

0.7020 NGN

YEARLY LOW

0.5849 NGN

YEARLY AVERAGE

0.6408 NGN

2015 MRO to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the MRO to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 12, valuing the pair at 0.7020. Conversely, the yearly low was recorded on November 9, dropping to 0.5849.

This high-to-low spread represents a total annual volatility of 0.1171 NGN. From a start-to-finish perspective, comparing the January average rate of 0.6385 to the December average rate of 0.6530, the exchange rate registered a net change of 2.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.7020 was up 10.55% compared to the 2014 peak of 0.6350, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,510 NGN

2014 Average 2,827 NGN

Yearly Trough Low 2,924 NGN

Transaction Impact: A difference of 585.60 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.6872

0.6039

JanuMarcMayJulySeptNove

MRO 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 0.6468, compared to 0.6348 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0120 points.

H1 Avg (Jan–Jun) 0.6468

H2 Avg (Jul–Dec) 0.6348

Volatility Range Comparison

Volatility

The most volatile month in 2015 was October, with a trading range of 0.0827 NGN (High: 0.6900 / Low: 0.6074). On the other end, July was the most stable month, with a tight range of 0.0108 NGN (High: 0.6183 / Low: 0.6075).

October Spread (Volatile) ±0.0827

July Spread (Stable) ±0.0108

Growth Streaks & Declines

Trends

Between July and October, 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 October and November, when the average rate fell by 0.0481 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0481

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2015: 0.6802) against the same month in 2014 (average: 0.5633), the exchange rate shifted by +0.1169 (+20.75%).

2015 Avg (February) 0.6802

2014 Avg (February) 0.5633

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6598	0.6177	0.6385
February	0.7020	0.6436	0.6802
March	0.6962	0.6315	0.6709
April	0.6462	0.6311	0.6346
May	0.6557	0.6243	0.6351
June	0.6404	0.6088	0.6214
July	0.6183	0.6075	0.6108
August	0.6368	0.6077	0.6200
September	0.6818	0.6218	0.6403
October	0.6900	0.6074	0.6662
November	0.6305	0.5849	0.6181
December	0.6744	0.6379	0.6530