YEARLY HIGH
0.9872 DJF
YEARLY LOW
0.8695 DJF
YEARLY AVERAGE
0.8980 DJF

2015 NGN to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the NGN to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 0.9872. Conversely, the yearly low was recorded on February 15, dropping to 0.8695.

This high-to-low spread represents a total annual volatility of 0.1177 DJF. From a start-to-finish perspective, comparing the January average rate of 0.9568 to the December average rate of 0.8930, the exchange rate registered a net change of -6.67% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.9872 was down 12.35% compared to the 2014 peak of 1.1263, 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 987,201 DJF
2014 Average 1,082,116 DJF
Yearly Trough Low 869,475 DJF
Transaction Impact: A difference of 117,726.43 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.9633
0.8844
JanuMarcMayJulySeptNove

NGN to DJF 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 0.9035, compared to 0.8924 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0110 points.

H1 Avg (Jan–Jun) 0.9035
H2 Avg (Jul–Dec) 0.8924

Volatility Range Comparison

Volatility

The most volatile month in 2015 was February, with a trading range of 0.0699 DJF (High: 0.9394 / Low: 0.8695). On the other end, August was the most stable month, with a tight range of 0.0032 DJF (High: 0.8948 / Low: 0.8916).

February Spread (Volatile) ±0.0699
August Spread (Stable) ±0.0032

Growth Streaks & Declines

Trends

Between September and December, 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 0.0581 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0581

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2015: 0.9568) against the same month in 2014 (average: 1.1119), the exchange rate shifted by -0.1552 (-13.96%).

2015 Avg (January) 0.9568
2014 Avg (January) 1.1119

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9872 0.9233 0.9568
February 0.9394 0.8695 0.8986
March 0.8970 0.8763 0.8910
April 0.8943 0.8906 0.8919
May 0.8963 0.8883 0.8913
June 0.8936 0.8892 0.8913
July 0.8945 0.8903 0.8921
August 0.8948 0.8916 0.8931
September 0.8939 0.8895 0.8918
October 0.8938 0.8904 0.8920
November 0.8946 0.8910 0.8927
December 0.8975 0.8916 0.8930