2015 MZN to NGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2015.
2015 MZN to NGN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2015
During 2015, the MZN to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 15, valuing the pair at 6.0668. Conversely, the yearly low was recorded on December 7, dropping to 3.8595.
This high-to-low spread represents a total annual volatility of 2.2073 NGN. From a start-to-finish perspective, comparing the January average rate of 5.6828 to the December average rate of 4.1208, the exchange rate registered a net change of -27.49% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2015 high of 6.0668 was up 6.15% compared to the 2014 peak of 5.7155, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MZN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2015.
MZN 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 5.6171, compared to 4.7047 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.9124 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2015 was December, with a trading range of 0.6872 NGN (High: 4.5467 / Low: 3.8595). On the other end, July was the most stable month, with a tight range of 0.1078 NGN (High: 5.2273 / Low: 5.1195).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2015. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.3958 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2015: 5.8731) against the same month in 2014 (average: 5.1770), the exchange rate shifted by +0.6961 (+13.45%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 5.9148 | 5.4531 | 5.6828 |
| February | 6.0668 | 5.6554 | 5.8731 |
| March | 5.9955 | 5.4507 | 5.7752 |
| April | 5.6812 | 5.4088 | 5.5698 |
| May | 5.6766 | 5.3435 | 5.5339 |
| June | 5.3516 | 5.1664 | 5.2681 |
| July | 5.2273 | 5.1195 | 5.1763 |
| August | 5.2238 | 4.8424 | 5.0775 |
| September | 4.8509 | 4.5987 | 4.6817 |
| October | 4.7121 | 4.6015 | 4.6812 |
| November | 4.6949 | 4.3545 | 4.4909 |
| December | 4.5467 | 3.8595 | 4.1208 |