YEARLY HIGH
0.0202 QAR
YEARLY LOW
0.0178 QAR
YEARLY AVERAGE
0.0184 QAR

2015 NGN to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the NGN to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 0.0202. Conversely, the yearly low was recorded on February 12, dropping to 0.0178.

This high-to-low spread represents a total annual volatility of 0.0024 QAR. From a start-to-finish perspective, comparing the January average rate of 0.0196 to the December average rate of 0.0183, the exchange rate registered a net change of -6.54% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.0202 was down 11.78% compared to the 2014 peak of 0.0229, 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 20,235 QAR
2014 Average 22,076 QAR
Yearly Trough Low 17,815 QAR
Transaction Impact: A difference of 2,419.74 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.0197
0.0181
JanuMarcMayJulySeptNove

NGN to QAR 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 0.0185, compared to 0.0183 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0185
H2 Avg (Jul–Dec) 0.0183

Volatility Range Comparison

Volatility

The most volatile month in 2015 was February, with a trading range of 0.0014 QAR (High: 0.0192 / Low: 0.0178). On the other end, April was the most stable month, with a tight range of 0.0000 QAR (High: 0.0183 / Low: 0.0183).

February Spread (Volatile) ±0.0014
April Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between March and June, 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 0.0012 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2015: 0.0196) against the same month in 2014 (average: 0.0227), the exchange rate shifted by -0.0032 (-13.90%).

2015 Avg (January) 0.0196
2014 Avg (January) 0.0227

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0202 0.0190 0.0196
February 0.0192 0.0178 0.0184
March 0.0184 0.0180 0.0182
April 0.0183 0.0183 0.0183
May 0.0183 0.0182 0.0183
June 0.0184 0.0183 0.0183
July 0.0183 0.0183 0.0183
August 0.0183 0.0183 0.0183
September 0.0183 0.0183 0.0183
October 0.0183 0.0183 0.0183
November 0.0183 0.0183 0.0183
December 0.0184 0.0183 0.0183