YEARLY HIGH
0.0111 BBD
YEARLY LOW
0.0098 BBD
YEARLY AVERAGE
0.0101 BBD

2015 NGN to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the NGN to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 0.0111. Conversely, the yearly low was recorded on February 12, dropping to 0.0098.

This high-to-low spread represents a total annual volatility of 0.0013 BBD. From a start-to-finish perspective, comparing the January average rate of 0.0108 to the December average rate of 0.0101, the exchange rate registered a net change of -6.53% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.0111 was down 11.76% compared to the 2014 peak of 0.0126, 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 11,116 BBD
2014 Average 12,125 BBD
Yearly Trough Low 9,785 BBD
Transaction Impact: A difference of 1,331.34 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.0108
0.0099
JanuMarcMayJulySeptNove

NGN to BBD 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 0.0102, compared to 0.0101 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0102
H2 Avg (Jul–Dec) 0.0101

Volatility Range Comparison

Volatility

The most volatile month in 2015 was February, with a trading range of 0.0008 BBD (High: 0.0106 / Low: 0.0098). On the other end, October was the most stable month, with a tight range of 0.0000 BBD (High: 0.0101 / Low: 0.0100).

February Spread (Volatile) ±0.0008
October Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between March and June, 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 0.0007 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2015: 0.0108) against the same month in 2014 (average: 0.0125), the exchange rate shifted by -0.0017 (-13.89%).

2015 Avg (January) 0.0108
2014 Avg (January) 0.0125

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0111 0.0104 0.0108
February 0.0106 0.0098 0.0101
March 0.0101 0.0099 0.0100
April 0.0101 0.0100 0.0101
May 0.0101 0.0100 0.0101
June 0.0101 0.0100 0.0101
July 0.0101 0.0100 0.0101
August 0.0101 0.0100 0.0101
September 0.0101 0.0100 0.0100
October 0.0101 0.0100 0.0100
November 0.0101 0.0100 0.0101
December 0.0101 0.0100 0.0101