2015 NGN to BIF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2015.
2015 NGN to BIF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2015
During 2015, the NGN to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 8.7089. Conversely, the yearly low was recorded on February 15, dropping to 7.6695.
This high-to-low spread represents a total annual volatility of 1.0394 BIF. From a start-to-finish perspective, comparing the January average rate of 8.4282 to the December average rate of 7.8162, the exchange rate registered a net change of -7.26% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2015 high of 8.7089 was down 10.68% compared to the 2014 peak of 9.7507, indicating shifts in long-term support levels.
Comparing the value generated converting 1,000,000 NGN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2015.
NGN to BIF 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 7.9708, compared to 7.8657 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1051 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2015 was February, with a trading range of 0.6389 BIF (High: 8.3083 / Low: 7.6695). On the other end, August was the most stable month, with a tight range of 0.1043 BIF (High: 7.8792 / Low: 7.7749).
Growth Streaks & Declines
TrendsBetween March and May, 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 January and February, when the average rate fell by 0.5144 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2015: 8.4282) against the same month in 2014 (average: 9.6742), the exchange rate shifted by -1.2460 (-12.88%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 8.7089 | 8.1688 | 8.4282 |
| February | 8.3083 | 7.6695 | 7.9138 |
| March | 7.9388 | 7.7268 | 7.8644 |
| April | 7.9264 | 7.7974 | 7.8672 |
| May | 7.9453 | 7.8280 | 7.8814 |
| June | 8.0021 | 7.8162 | 7.8699 |
| July | 8.2343 | 7.8156 | 8.0929 |
| August | 7.8792 | 7.7749 | 7.8143 |
| September | 7.9034 | 7.7265 | 7.8175 |
| October | 7.8895 | 7.7240 | 7.8275 |
| November | 7.8877 | 7.7686 | 7.8261 |
| December | 7.9360 | 7.7153 | 7.8162 |