2015 NGN to IDR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2015.
2015 NGN to IDR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2015
During 2015, the NGN to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 4, valuing the pair at 73.8759. Conversely, the yearly low was recorded on February 12, dropping to 62.4787.
This high-to-low spread represents a total annual volatility of 11.3972 IDR. From a start-to-finish perspective, comparing the January average rate of 67.6116 to the December average rate of 69.5435, the exchange rate registered a net change of 2.86% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2015 high of 73.8759 was down 3.51% compared to the 2014 peak of 76.5667, indicating shifts in long-term support levels.
Comparing the value generated converting 1,000,000 NGN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2015.
NGN to IDR Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 65.9075, compared to 69.4100 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.5025 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2015 was October, with a trading range of 6.4246 IDR (High: 73.8759 / Low: 67.4514). On the other end, June was the most stable month, with a tight range of 0.8934 IDR (High: 67.2207 / Low: 66.3273).
Growth Streaks & Declines
TrendsBetween April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 3.1883 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2015: 69.3620) against the same month in 2014 (average: 73.7691), the exchange rate shifted by -4.4070 (-5.97%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 70.4916 | 65.0794 | 67.6116 |
| February | 67.2082 | 62.4787 | 64.4233 |
| March | 66.4452 | 63.9860 | 65.5315 |
| April | 65.4282 | 64.5017 | 65.0439 |
| May | 66.4370 | 65.2677 | 65.9140 |
| June | 67.2207 | 66.3273 | 66.9210 |
| July | 67.9072 | 66.8147 | 67.2294 |
| August | 71.1782 | 67.8368 | 69.2411 |
| September | 73.7648 | 70.6175 | 72.3117 |
| October | 73.8759 | 67.4514 | 69.3620 |
| November | 69.4489 | 67.9817 | 68.7726 |
| December | 70.6666 | 68.4543 | 69.5435 |