YEARLY HIGH
0.0070 CAD
YEARLY LOW
0.0060 CAD
YEARLY AVERAGE
0.0065 CAD

2015 NGN to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the NGN to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 0.0070. Conversely, the yearly low was recorded on May 13, dropping to 0.0060.

This high-to-low spread represents a total annual volatility of 0.0010 CAD. From a start-to-finish perspective, comparing the January average rate of 0.0065 to the December average rate of 0.0069, the exchange rate registered a net change of 6.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.0070 was up 1.17% compared to the 2014 peak of 0.0069, 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 7,017 CAD
2014 Average 6,693 CAD
Yearly Trough Low 6,014 CAD
Transaction Impact: A difference of 1,003.12 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.0070
0.0060
JanuMarcMayJulySeptNove

NGN to CAD 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 0.0063, compared to 0.0066 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0063
H2 Avg (Jul–Dec) 0.0066

Volatility Range Comparison

Volatility

The most volatile month in 2015 was February, with a trading range of 0.0006 CAD (High: 0.0067 / Low: 0.0061). On the other end, September was the most stable month, with a tight range of 0.0001 CAD (High: 0.0067 / Low: 0.0066).

February Spread (Volatile) ±0.0006
September Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0002 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2015: 0.0069) against the same month in 2014 (average: 0.0063), the exchange rate shifted by +0.0006 (+8.68%).

2015 Avg (December) 0.0069
2014 Avg (December) 0.0063

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0068 0.0063 0.0065
February 0.0067 0.0061 0.0063
March 0.0064 0.0062 0.0063
April 0.0063 0.0060 0.0062
May 0.0063 0.0060 0.0061
June 0.0063 0.0062 0.0062
July 0.0066 0.0063 0.0065
August 0.0067 0.0065 0.0066
September 0.0067 0.0066 0.0067
October 0.0067 0.0065 0.0066
November 0.0067 0.0066 0.0067
December 0.0070 0.0067 0.0069