YEARLY HIGH
0.0849 MVR
YEARLY LOW
0.0746 MVR
YEARLY AVERAGE
0.0773 MVR

2015 NGN to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the NGN to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 0.0849. Conversely, the yearly low was recorded on February 15, dropping to 0.0746.

This high-to-low spread represents a total annual volatility of 0.0103 MVR. From a start-to-finish perspective, comparing the January average rate of 0.0821 to the December average rate of 0.0770, the exchange rate registered a net change of -6.22% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.0849 was down 12.46% compared to the 2014 peak of 0.0970, 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 84,873 MVR
2014 Average 93,300 MVR
Yearly Trough Low 74,571 MVR
Transaction Impact: A difference of 10,301.62 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.0827
0.0759
JanuMarcMayJulySeptNove

NGN to MVR 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 0.0776, compared to 0.0769 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0776
H2 Avg (Jul–Dec) 0.0769

Volatility Range Comparison

Volatility

The most volatile month in 2015 was February, with a trading range of 0.0059 MVR (High: 0.0805 / Low: 0.0746). On the other end, September was the most stable month, with a tight range of 0.0003 MVR (High: 0.0770 / Low: 0.0767).

February Spread (Volatile) ±0.0059
September Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0051 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0051

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2015: 0.0821) against the same month in 2014 (average: 0.0962), the exchange rate shifted by -0.0141 (-14.61%).

2015 Avg (January) 0.0821
2014 Avg (January) 0.0962

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0849 0.0797 0.0821
February 0.0805 0.0746 0.0770
March 0.0770 0.0754 0.0765
April 0.0770 0.0764 0.0767
May 0.0770 0.0764 0.0767
June 0.0770 0.0766 0.0768
July 0.0771 0.0765 0.0769
August 0.0771 0.0767 0.0769
September 0.0770 0.0767 0.0769
October 0.0772 0.0767 0.0769
November 0.0773 0.0769 0.0770
December 0.0776 0.0766 0.0770