YEARLY HIGH
0.3491 INR
YEARLY LOW
0.3040 INR
YEARLY AVERAGE
0.3241 INR

2015 NGN to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the NGN to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 0.3491. Conversely, the yearly low was recorded on February 15, dropping to 0.3040.

This high-to-low spread represents a total annual volatility of 0.0451 INR. From a start-to-finish perspective, comparing the January average rate of 0.3344 to the December average rate of 0.3344, the exchange rate registered a net change of -0.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.3491 was down 10.92% compared to the 2014 peak of 0.3919, 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 349,093 INR
2014 Average 369,706 INR
Yearly Trough Low 303,986 INR
Transaction Impact: A difference of 45,106.42 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.3366
0.3108
JanuMarcMayJulySeptNove

NGN to INR 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 0.3194, compared to 0.3288 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0094 points.

H1 Avg (Jan–Jun) 0.3194
H2 Avg (Jul–Dec) 0.3288

Volatility Range Comparison

Volatility

The most volatile month in 2015 was January, with a trading range of 0.0288 INR (High: 0.3491 / Low: 0.3203). On the other end, May was the most stable month, with a tight range of 0.0032 INR (High: 0.3219 / Low: 0.3188).

January Spread (Volatile) ±0.0288
May Spread (Stable) ±0.0032

Growth Streaks & Declines

Trends

Between February and June, 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 0.0215 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0215

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2015: 0.3344) against the same month in 2014 (average: 0.3874), the exchange rate shifted by -0.0529 (-13.67%).

2015 Avg (January) 0.3344
2014 Avg (January) 0.3874

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3491 0.3203 0.3344
February 0.3275 0.3040 0.3130
March 0.3158 0.3045 0.3132
April 0.3203 0.3117 0.3149
May 0.3219 0.3188 0.3202
June 0.3226 0.3191 0.3208
July 0.3225 0.3181 0.3197
August 0.3354 0.3202 0.3271
September 0.3360 0.3300 0.3328
October 0.3298 0.3249 0.3266
November 0.3360 0.3284 0.3324
December 0.3378 0.3318 0.3344