2015 NGN to IRR Historical Review

YEARLY HIGH

151.7956 IRR

YEARLY LOW

134.8363 IRR

YEARLY AVERAGE

146.2944 IRR

2015 NGN to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the NGN to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 3, valuing the pair at 151.7956. Conversely, the yearly low was recorded on February 12, dropping to 134.8363.

This high-to-low spread represents a total annual volatility of 16.9593 IRR. From a start-to-finish perspective, comparing the January average rate of 146.5952 to the December average rate of 150.7630, the exchange rate registered a net change of 2.84% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 151.7956 was down 7.38% compared to the 2014 peak of 163.8950, 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 151,795,631 IRR

2014 Average 156,564,251 IRR

Yearly Trough Low 134,836,317 IRR

Transaction Impact: A difference of 16,959,314.87 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

151.9266

137.9634

JanuMarcMayJulySeptNove

NGN to IRR 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 142.5747, compared to 150.0140 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 7.4393 points.

H1 Avg (Jan–Jun) 142.5747

H2 Avg (Jul–Dec) 150.0140

Volatility Range Comparison

Volatility

The most volatile month in 2015 was February, with a trading range of 10.5264 IRR (High: 145.3627 / Low: 134.8363). On the other end, October was the most stable month, with a tight range of 0.3748 IRR (High: 150.6698 / Low: 150.2950).

February Spread (Volatile) ±10.5264

October Spread (Stable) ±0.3748

Growth Streaks & Declines

Trends

Between February and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 7.4682 points.

Longest Streak 10 Mo.

Sharpest MoM Drop -7.4682

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2015: 150.7630) against the same month in 2014 (average: 147.7977), the exchange rate shifted by +2.9653 (+2.01%).

2015 Avg (December) 150.7630

2014 Avg (December) 147.7977

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	151.1199	142.5729	146.5952
February	145.3627	134.8363	139.1270
March	140.7790	136.7961	139.5988
April	142.0614	140.7480	141.3987
May	144.6440	141.8479	142.6600
June	147.2308	144.7990	146.0688
July	148.7433	147.3050	148.1812
August	150.4490	148.7028	149.6176
September	150.7856	149.6935	150.4583
October	150.6698	150.2950	150.5085
November	150.8422	150.2964	150.5554
December	151.7956	150.4182	150.7630