2015 NGN to MWK Historical Review

YEARLY HIGH

3.3322 MWK

YEARLY LOW

2.1694 MWK

YEARLY AVERAGE

2.5172 MWK

2015 NGN to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the NGN to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 3.3322. Conversely, the yearly low was recorded on February 25, dropping to 2.1694.

This high-to-low spread represents a total annual volatility of 1.1628 MWK. From a start-to-finish perspective, comparing the January average rate of 2.4854 to the December average rate of 3.1282, the exchange rate registered a net change of 25.86% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 3.3322 was up 18.49% compared to the 2014 peak of 2.8121, 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 3,332,151 MWK

2014 Average 2,535,295 MWK

Yearly Trough Low 2,169,383 MWK

Transaction Impact: A difference of 1,162,767.21 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

3.2199

2.1187

JanuMarcMayJulySeptNove

NGN to MWK 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 2.2733, compared to 2.7610 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4877 points.

H1 Avg (Jan–Jun) 2.2733

H2 Avg (Jul–Dec) 2.7610

Volatility Range Comparison

Volatility

The most volatile month in 2015 was August, with a trading range of 0.4759 MWK (High: 2.7982 / Low: 2.3223). On the other end, May was the most stable month, with a tight range of 0.0377 MWK (High: 2.2458 / Low: 2.2081).

August Spread (Volatile) ±0.4759

May Spread (Stable) ±0.0377

Growth Streaks & Declines

Trends

Between June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.2167 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.2167

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2015: 3.1282) against the same month in 2014 (average: 2.6427), the exchange rate shifted by +0.4854 (+18.37%).

2015 Avg (December) 3.1282

2014 Avg (December) 2.6427

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.5694	2.3828	2.4854
February	2.4258	2.1694	2.2687
March	2.2474	2.1889	2.2225
April	2.2521	2.2102	2.2322
May	2.2458	2.2081	2.2205
June	2.2414	2.1868	2.2105
July	2.3608	2.2100	2.2813
August	2.7982	2.3223	2.6660
September	2.8321	2.7932	2.8126
October	2.8026	2.7537	2.7805
November	3.0169	2.7950	2.8973
December	3.3322	2.9824	3.1282