2015 NGN to MGA Historical Review

YEARLY HIGH

17.1307 MGA

YEARLY LOW

13.5770 MGA

YEARLY AVERAGE

15.6613 MGA

2015 NGN to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the NGN to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on August 2, valuing the pair at 17.1307. Conversely, the yearly low was recorded on January 25, dropping to 13.5770.

This high-to-low spread represents a total annual volatility of 3.5537 MGA. From a start-to-finish perspective, comparing the January average rate of 14.3251 to the December average rate of 16.1252, the exchange rate registered a net change of 12.57% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 17.1307 was up 3.18% compared to the 2014 peak of 16.6019, 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 17,130,657 MGA

2014 Average 14,975,557 MGA

Yearly Trough Low 13,576,979 MGA

Transaction Impact: A difference of 3,553,678.13 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

16.8895

14.0071

JanuMarcMayJulySeptNove

NGN to MGA 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 15.0839, compared to 16.2387 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.1549 points.

H1 Avg (Jan–Jun) 15.0839

H2 Avg (Jul–Dec) 16.2387

Volatility Range Comparison

Volatility

The most volatile month in 2015 was January, with a trading range of 1.3296 MGA (High: 14.9066 / Low: 13.5770). On the other end, November was the most stable month, with a tight range of 0.2523 MGA (High: 16.5810 / Low: 16.3288).

January Spread (Volatile) ±1.3296

November Spread (Stable) ±0.2523

Growth Streaks & Declines

Trends

Between February and August, 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 August and September, when the average rate fell by 0.7112 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.7112

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2015: 16.6493) against the same month in 2014 (average: 15.5632), the exchange rate shifted by +1.0861 (+6.98%).

2015 Avg (August) 16.6493

2014 Avg (August) 15.5632

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	14.9066	13.5770	14.3251
February	14.8066	13.7222	14.2473
March	15.3687	14.0912	14.8839
April	15.6234	15.1862	15.4411
May	16.0650	15.1679	15.6181
June	16.2487	15.0659	15.9876
July	17.0159	15.9940	16.5066
August	17.1307	16.5376	16.6493
September	16.5265	15.4644	15.9382
October	16.3785	15.1606	15.7512
November	16.5810	16.3288	16.4621
December	16.4181	15.9925	16.1252