2015 NGN to AFN Historical Review

YEARLY HIGH

0.3458 AFN

YEARLY LOW

0.2802 AFN

YEARLY AVERAGE

0.3094 AFN

2015 NGN to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the NGN to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.3458. Conversely, the yearly low was recorded on February 12, dropping to 0.2802.

This high-to-low spread represents a total annual volatility of 0.0656 AFN. From a start-to-finish perspective, comparing the January average rate of 0.3104 to the December average rate of 0.3394, the exchange rate registered a net change of 9.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.3458 was down 3.43% compared to the 2014 peak of 0.3581, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 NGN based on timing:

Yearly Peak High 345,817 AFN

2014 Average 345,483 AFN

Yearly Trough Low 280,189 AFN

Transaction Impact: A difference of 65,627.32 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.3444

0.2839

JanuMarcMayJulySeptNove

NGN to AFN 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 0.2956, compared to 0.3232 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0276 points.

H1 Avg (Jan–Jun) 0.2956

H2 Avg (Jul–Dec) 0.3232

Volatility Range Comparison

Volatility

The most volatile month in 2015 was January, with a trading range of 0.0238 AFN (High: 0.3221 / Low: 0.2983). On the other end, April was the most stable month, with a tight range of 0.0008 AFN (High: 0.2912 / Low: 0.2904).

January Spread (Volatile) ±0.0238

April Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0211 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.0211

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2015: 0.3394) against the same month in 2014 (average: 0.3187), the exchange rate shifted by +0.0207 (+6.50%).

2015 Avg (December) 0.3394

2014 Avg (December) 0.3187

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3221	0.2983	0.3104
February	0.3026	0.2802	0.2893
March	0.2910	0.2836	0.2890
April	0.2912	0.2904	0.2908
May	0.3007	0.2918	0.2955
June	0.3060	0.2960	0.2984
July	0.3085	0.3025	0.3049
August	0.3267	0.3079	0.3172
September	0.3244	0.3152	0.3205
October	0.3249	0.3225	0.3236
November	0.3431	0.3249	0.3335
December	0.3458	0.3339	0.3394