YEARLY HIGH
0.0873 MXN
YEARLY LOW
0.0729 MXN
YEARLY AVERAGE
0.0802 MXN

2015 NGN to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the NGN to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 12, valuing the pair at 0.0873. Conversely, the yearly low was recorded on February 15, dropping to 0.0729.

This high-to-low spread represents a total annual volatility of 0.0144 MXN. From a start-to-finish perspective, comparing the January average rate of 0.0791 to the December average rate of 0.0858, the exchange rate registered a net change of 8.58% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.0873 was up 4.09% compared to the 2014 peak of 0.0839, 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 87,314 MXN
2014 Average 80,604 MXN
Yearly Trough Low 72,918 MXN
Transaction Impact: A difference of 14,395.37 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.0869
0.0742
JanuMarcMayJulySeptNove

NGN to MXN 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 0.0770, compared to 0.0834 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0064 points.

H1 Avg (Jan–Jun) 0.0770
H2 Avg (Jul–Dec) 0.0834

Volatility Range Comparison

Volatility

The most volatile month in 2015 was February, with a trading range of 0.0061 MXN (High: 0.0790 / Low: 0.0729). On the other end, June was the most stable month, with a tight range of 0.0021 MXN (High: 0.0790 / Low: 0.0769).

February Spread (Volatile) ±0.0061
June Spread (Stable) ±0.0021

Growth Streaks & Declines

Trends

Between February and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0038 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0038

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2015: 0.0858) against the same month in 2014 (average: 0.0799), the exchange rate shifted by +0.0059 (+7.41%).

2015 Avg (December) 0.0858
2014 Avg (December) 0.0799

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0817 0.0763 0.0791
February 0.0790 0.0729 0.0753
March 0.0782 0.0737 0.0764
April 0.0776 0.0744 0.0764
May 0.0783 0.0755 0.0767
June 0.0790 0.0769 0.0779
July 0.0818 0.0788 0.0801
August 0.0865 0.0809 0.0831
September 0.0857 0.0834 0.0846
October 0.0850 0.0824 0.0832
November 0.0846 0.0825 0.0836
December 0.0873 0.0831 0.0858