2015 NGN to MDL Historical Review

YEARLY HIGH

0.1015 MDL

YEARLY LOW

0.0850 MDL

YEARLY AVERAGE

0.0948 MDL

2015 NGN to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the NGN to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 0.1015. Conversely, the yearly low was recorded on January 3, dropping to 0.0850.

This high-to-low spread represents a total annual volatility of 0.0164 MDL. From a start-to-finish perspective, comparing the January average rate of 0.0895 to the December average rate of 0.0991, the exchange rate registered a net change of 10.74% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.1015 was up 12.76% compared to the 2014 peak of 0.0900, 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 101,480 MDL

2014 Average 84,853 MDL

Yearly Trough Low 85,045 MDL

Transaction Impact: A difference of 16,435.35 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.1014

0.0884

JanuMarcMayJulySeptNove

NGN to MDL 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 0.0914, compared to 0.0982 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0067 points.

H1 Avg (Jan–Jun) 0.0914

H2 Avg (Jul–Dec) 0.0982

Volatility Range Comparison

Volatility

The most volatile month in 2015 was January, with a trading range of 0.0106 MDL (High: 0.0957 / Low: 0.0850). On the other end, November was the most stable month, with a tight range of 0.0015 MDL (High: 0.1012 / Low: 0.0997).

January Spread (Volatile) ±0.0106

November Spread (Stable) ±0.0015

Growth Streaks & Declines

Trends

Between May and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0016 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2015: 0.0989) against the same month in 2014 (average: 0.0877), the exchange rate shifted by +0.0112 (+12.83%).

2015 Avg (September) 0.0989

2014 Avg (September) 0.0877

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0957	0.0850	0.0895
February	0.0959	0.0911	0.0937
March	0.0938	0.0903	0.0921
April	0.0930	0.0875	0.0904
May	0.0913	0.0886	0.0900
June	0.0963	0.0906	0.0929
July	0.0962	0.0940	0.0952
August	0.0964	0.0942	0.0954
September	0.1015	0.0966	0.0989
October	0.1010	0.0986	0.0999
November	0.1012	0.0997	0.1004
December	0.1001	0.0983	0.0991