2015 NGN to MRO Historical Review

YEARLY HIGH

1.7097 MRO

YEARLY LOW

1.4245 MRO

YEARLY AVERAGE

1.5631 MRO

2015 NGN to MRO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the NGN to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on November 9, valuing the pair at 1.7097. Conversely, the yearly low was recorded on February 12, dropping to 1.4245.

This high-to-low spread represents a total annual volatility of 0.2852 MRO. From a start-to-finish perspective, comparing the January average rate of 1.5668 to the December average rate of 1.5315, the exchange rate registered a net change of -2.25% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 1.7097 was down 7.96% compared to the 2014 peak of 1.8575, 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 1,709,732 MRO

2014 Average 1,771,258 MRO

Yearly Trough Low 1,424,487 MRO

Transaction Impact: A difference of 285,245.21 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

1.6538

1.4544

JanuMarcMayJulySeptNove

NGN to MRO 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 1.5485, compared to 1.5777 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0292 points.

H1 Avg (Jan–Jun) 1.5485

H2 Avg (Jul–Dec) 1.5777

Volatility Range Comparison

Volatility

The most volatile month in 2015 was October, with a trading range of 0.1973 MRO (High: 1.6465 / Low: 1.4492). On the other end, July was the most stable month, with a tight range of 0.0288 MRO (High: 1.6462 / Low: 1.6174).

October Spread (Volatile) ±0.1973

July Spread (Stable) ±0.0288

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 0.0957 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0957

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2015: 1.6182) against the same month in 2014 (average: 1.7018), the exchange rate shifted by -0.0836 (-4.91%).

2015 Avg (November) 1.6182

2014 Avg (November) 1.7018

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.6188	1.5157	1.5668
February	1.5538	1.4245	1.4710
March	1.5835	1.4364	1.4926
April	1.5847	1.5475	1.5759
May	1.6018	1.5250	1.5749
June	1.6427	1.5614	1.6098
July	1.6462	1.6174	1.6372
August	1.6455	1.5704	1.6131
September	1.6081	1.4667	1.5635
October	1.6465	1.4492	1.5030
November	1.7097	1.5861	1.6182
December	1.5677	1.4828	1.5315