YEARLY HIGH
13.4100 NGN
YEARLY LOW
11.7824 NGN
YEARLY AVERAGE
12.9434 NGN

2015 MVR to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the MVR to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 15, valuing the pair at 13.4100. Conversely, the yearly low was recorded on January 10, dropping to 11.7824.

This high-to-low spread represents a total annual volatility of 1.6277 NGN. From a start-to-finish perspective, comparing the January average rate of 12.1830 to the December average rate of 12.9856, the exchange rate registered a net change of 6.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 13.4100 was up 10.61% compared to the 2014 peak of 12.1235, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 67,050 NGN
2014 Average 53,666 NGN
Yearly Trough Low 58,912 NGN
Transaction Impact: A difference of 8,138.38 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

13.1669
12.0935
JanuMarcMayJulySeptNove

MVR 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 12.8887, compared to 12.9981 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1095 points.

H1 Avg (Jan–Jun) 12.8887
H2 Avg (Jul–Dec) 12.9981

Volatility Range Comparison

Volatility

The most volatile month in 2015 was February, with a trading range of 0.9901 NGN (High: 13.4100 / Low: 12.4200). On the other end, September was the most stable month, with a tight range of 0.0574 NGN (High: 13.0409 / Low: 12.9835).

February Spread (Volatile) ±0.9901
September Spread (Stable) ±0.0574

Growth Streaks & Declines

Trends

Between 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 March and April, when the average rate fell by 0.0399 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0399

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2015: 12.9912) against the same month in 2014 (average: 10.6365), the exchange rate shifted by +2.3548 (+22.14%).

2015 Avg (February) 12.9912
2014 Avg (February) 10.6365

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 12.5503 11.7824 12.1830
February 13.4100 12.4200 12.9912
March 13.2564 12.9886 13.0774
April 13.0946 12.9873 13.0375
May 13.0935 12.9793 13.0304
June 13.0607 12.9851 13.0124
July 13.0689 12.9761 13.0108
August 13.0419 12.9666 13.0032
September 13.0409 12.9835 13.0096
October 13.0317 12.9455 12.9967
November 13.0113 12.9380 12.9828
December 13.0599 12.8873 12.9856