2015 NGN to LBP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2015.
2015 NGN to LBP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2015
During 2015, the NGN to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 8.4082. Conversely, the yearly low was recorded on February 12, dropping to 7.3730.
This high-to-low spread represents a total annual volatility of 1.0352 LBP. From a start-to-finish perspective, comparing the January average rate of 8.1304 to the December average rate of 7.5794, the exchange rate registered a net change of -6.78% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2015 high of 8.4082 was down 11.54% compared to the 2014 peak of 9.5048, 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 LBP 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 7.6693, compared to 7.5779 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0915 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2015 was February, with a trading range of 0.6035 LBP (High: 7.9764 / Low: 7.3730). On the other end, June was the most stable month, with a tight range of 0.0180 LBP (High: 7.5899 / Low: 7.5719).
Growth Streaks & Declines
TrendsBetween March and June, 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 0.5250 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2015: 8.1304) against the same month in 2014 (average: 9.3987), the exchange rate shifted by -1.2683 (-13.49%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 8.4082 | 7.8847 | 8.1304 |
| February | 7.9764 | 7.3730 | 7.6054 |
| March | 7.5882 | 7.4508 | 7.5457 |
| April | 7.5937 | 7.5610 | 7.5765 |
| May | 7.5953 | 7.5575 | 7.5773 |
| June | 7.5899 | 7.5719 | 7.5804 |
| July | 7.5967 | 7.5676 | 7.5784 |
| August | 7.5920 | 7.5645 | 7.5758 |
| September | 7.5865 | 7.5624 | 7.5757 |
| October | 7.5858 | 7.5654 | 7.5772 |
| November | 7.5992 | 7.5680 | 7.5806 |
| December | 7.6235 | 7.5301 | 7.5794 |