YEARLY HIGH
0.0021 BHD
YEARLY LOW
0.0018 BHD
YEARLY AVERAGE
0.0019 BHD

2015 NGN to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the NGN to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 0.0021. Conversely, the yearly low was recorded on February 12, dropping to 0.0018.

This high-to-low spread represents a total annual volatility of 0.0003 BHD. From a start-to-finish perspective, comparing the January average rate of 0.0020 to the December average rate of 0.0019, the exchange rate registered a net change of -6.54% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.0021 was down 11.75% compared to the 2014 peak of 0.0024, 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 2,096 BHD
2014 Average 2,286 BHD
Yearly Trough Low 1,844 BHD
Transaction Impact: A difference of 251.35 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.0020
0.0019
JanuMarcMayJulySeptNove

NGN to BHD 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 0.0019, compared to 0.0019 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0019
H2 Avg (Jul–Dec) 0.0019

Volatility Range Comparison

Volatility

The most volatile month in 2015 was February, with a trading range of 0.0001 BHD (High: 0.0020 / Low: 0.0018). On the other end, October was the most stable month, with a tight range of 0.0000 BHD (High: 0.0019 / Low: 0.0019).

February Spread (Volatile) ±0.0001
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 0.0001 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2015: 0.0020) against the same month in 2014 (average: 0.0024), the exchange rate shifted by -0.0003 (-13.87%).

2015 Avg (January) 0.0020
2014 Avg (January) 0.0024

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0021 0.0020 0.0020
February 0.0020 0.0018 0.0019
March 0.0019 0.0019 0.0019
April 0.0019 0.0019 0.0019
May 0.0019 0.0019 0.0019
June 0.0019 0.0019 0.0019
July 0.0019 0.0019 0.0019
August 0.0019 0.0019 0.0019
September 0.0019 0.0019 0.0019
October 0.0019 0.0019 0.0019
November 0.0019 0.0019 0.0019
December 0.0019 0.0019 0.0019