YEARLY HIGH
0.0384 BOB
YEARLY LOW
0.0338 BOB
YEARLY AVERAGE
0.0349 BOB

2015 NGN to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the NGN to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 0.0384. Conversely, the yearly low was recorded on February 12, dropping to 0.0338.

This high-to-low spread represents a total annual volatility of 0.0046 BOB. From a start-to-finish perspective, comparing the January average rate of 0.0372 to the December average rate of 0.0347, the exchange rate registered a net change of -6.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.0384 was down 11.81% compared to the 2014 peak of 0.0436, 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 38,417 BOB
2014 Average 41,900 BOB
Yearly Trough Low 33,776 BOB
Transaction Impact: A difference of 4,641.28 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.0374
0.0344
JanuMarcMayJulySeptNove

NGN to BOB 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 0.0351, compared to 0.0347 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0351
H2 Avg (Jul–Dec) 0.0347

Volatility Range Comparison

Volatility

The most volatile month in 2015 was February, with a trading range of 0.0028 BOB (High: 0.0366 / Low: 0.0338). On the other end, September was the most stable month, with a tight range of 0.0001 BOB (High: 0.0347 / Low: 0.0347).

February Spread (Volatile) ±0.0028
September Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between August and November, 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 0.0023 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2015: 0.0372) against the same month in 2014 (average: 0.0432), the exchange rate shifted by -0.0060 (-13.89%).

2015 Avg (January) 0.0372
2014 Avg (January) 0.0432

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0384 0.0360 0.0372
February 0.0366 0.0338 0.0349
March 0.0348 0.0341 0.0346
April 0.0347 0.0346 0.0347
May 0.0348 0.0346 0.0347
June 0.0348 0.0346 0.0347
July 0.0348 0.0346 0.0347
August 0.0348 0.0345 0.0347
September 0.0347 0.0347 0.0347
October 0.0348 0.0347 0.0347
November 0.0348 0.0347 0.0347
December 0.0347 0.0346 0.0347