YEARLY HIGH
0.1124 ETB
YEARLY LOW
0.0991 ETB
YEARLY AVERAGE
0.1046 ETB

2015 NGN to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the NGN to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 0.1124. Conversely, the yearly low was recorded on February 12, dropping to 0.0991.

This high-to-low spread represents a total annual volatility of 0.0132 ETB. From a start-to-finish perspective, comparing the January average rate of 0.1089 to the December average rate of 0.1061, the exchange rate registered a net change of -2.55% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.1124 was down 8.66% compared to the 2014 peak of 0.1230, 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 112,381 ETB
2014 Average 119,219 ETB
Yearly Trough Low 99,138 ETB
Transaction Impact: A difference of 13,243.52 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.1096
0.1015
JanuMarcMayJulySeptNove

NGN to ETB 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 0.1039, compared to 0.1052 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.1039
H2 Avg (Jul–Dec) 0.1052

Volatility Range Comparison

Volatility

The most volatile month in 2015 was February, with a trading range of 0.0081 ETB (High: 0.1072 / Low: 0.0991). On the other end, September was the most stable month, with a tight range of 0.0006 ETB (High: 0.1053 / Low: 0.1047).

February Spread (Volatile) ±0.0081
September Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0064 points.

Longest Streak 9 Mo.
Sharpest MoM Drop -0.0064

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2015: 0.1089) against the same month in 2014 (average: 0.1197), the exchange rate shifted by -0.0108 (-9.03%).

2015 Avg (January) 0.1089
2014 Avg (January) 0.1197

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1124 0.1054 0.1089
February 0.1072 0.0991 0.1025
March 0.1026 0.1005 0.1022
April 0.1032 0.1022 0.1028
May 0.1036 0.1030 0.1033
June 0.1041 0.1034 0.1038
July 0.1048 0.1041 0.1043
August 0.1049 0.1042 0.1046
September 0.1053 0.1047 0.1050
October 0.1062 0.1048 0.1054
November 0.1061 0.1055 0.1058
December 0.1065 0.1055 0.1061