2015 NGN to MAD Historical Review

YEARLY HIGH

0.0515 MAD

YEARLY LOW

0.0466 MAD

YEARLY AVERAGE

0.0493 MAD

2015 NGN to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the NGN to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 0.0515. Conversely, the yearly low was recorded on February 12, dropping to 0.0466.

This high-to-low spread represents a total annual volatility of 0.0049 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0504 to the December average rate of 0.0497, the exchange rate registered a net change of -1.24% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.0515 was down 4.45% compared to the 2014 peak of 0.0539, 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 51,459 MAD

2014 Average 50,968 MAD

Yearly Trough Low 46,564 MAD

Transaction Impact: A difference of 4,895.94 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.0506

0.0479

JanuMarcMayJulySeptNove

NGN to MAD 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 0.0493, compared to 0.0493 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0493

H2 Avg (Jul–Dec) 0.0493

Volatility Range Comparison

Volatility

The most volatile month in 2015 was February, with a trading range of 0.0040 MAD (High: 0.0506 / Low: 0.0466). On the other end, September was the most stable month, with a tight range of 0.0007 MAD (High: 0.0490 / Low: 0.0483).

February Spread (Volatile) ±0.0040

September Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0022 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0022

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2015: 0.0504) against the same month in 2014 (average: 0.0514), the exchange rate shifted by -0.0011 (-2.07%).

2015 Avg (January) 0.0504

2014 Avg (January) 0.0514

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0515	0.0494	0.0504
February	0.0506	0.0466	0.0481
March	0.0508	0.0476	0.0496
April	0.0505	0.0489	0.0498
May	0.0497	0.0482	0.0489
June	0.0495	0.0484	0.0487
July	0.0498	0.0490	0.0493
August	0.0496	0.0479	0.0490
September	0.0490	0.0483	0.0487
October	0.0495	0.0482	0.0488
November	0.0506	0.0494	0.0502
December	0.0505	0.0494	0.0497