YEARLY HIGH
0.5240 CVE
YEARLY LOW
0.4718 CVE
YEARLY AVERAGE
0.5018 CVE

2015 NGN to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the NGN to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on November 30, valuing the pair at 0.5240. Conversely, the yearly low was recorded on February 12, dropping to 0.4718.

This high-to-low spread represents a total annual volatility of 0.0522 CVE. From a start-to-finish perspective, comparing the January average rate of 0.5087 to the December average rate of 0.5083, the exchange rate registered a net change of -0.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.5240 was down 2.08% compared to the 2014 peak of 0.5352, 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 524,034 CVE
2014 Average 501,338 CVE
Yearly Trough Low 471,787 CVE
Transaction Impact: A difference of 52,246.97 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.5194
0.4866
JanuMarcMayJulySeptNove

NGN to CVE 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 0.5015, compared to 0.5022 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.5015
H2 Avg (Jul–Dec) 0.5022

Volatility Range Comparison

Volatility

The most volatile month in 2015 was February, with a trading range of 0.0443 CVE (High: 0.5160 / Low: 0.4718). On the other end, September was the most stable month, with a tight range of 0.0135 CVE (High: 0.4986 / Low: 0.4850).

February Spread (Volatile) ±0.0443
September Spread (Stable) ±0.0135

Growth Streaks & Declines

Trends

Between February and April, 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 0.0194 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0194

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2015: 0.5167) against the same month in 2014 (average: 0.5130), the exchange rate shifted by +0.0037 (+0.72%).

2015 Avg (November) 0.5167
2014 Avg (November) 0.5130

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5195 0.4962 0.5087
February 0.5160 0.4718 0.4893
March 0.5236 0.4854 0.5094
April 0.5208 0.4977 0.5118
May 0.5097 0.4843 0.4954
June 0.5059 0.4874 0.4943
July 0.5116 0.4975 0.5038
August 0.5089 0.4778 0.4976
September 0.4986 0.4850 0.4930
October 0.5069 0.4827 0.4938
November 0.5240 0.5026 0.5167
December 0.5219 0.5033 0.5083