2015 NGN to RWF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2015.
2015 NGN to RWF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2015
During 2015, the NGN to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 3.8425. Conversely, the yearly low was recorded on February 12, dropping to 3.3722.
This high-to-low spread represents a total annual volatility of 0.4703 RWF. From a start-to-finish perspective, comparing the January average rate of 3.7180 to the December average rate of 3.7505, the exchange rate registered a net change of 0.87% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2015 high of 3.8425 was down 10.50% compared to the 2014 peak of 4.2931, indicating shifts in long-term support levels.
Comparing the value generated converting 1,000,000 NGN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2015.
NGN to RWF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 3.5318, compared to 3.6677 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1359 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2015 was February, with a trading range of 0.2723 RWF (High: 3.6445 / Low: 3.3722). On the other end, November was the most stable month, with a tight range of 0.0205 RWF (High: 3.7544 / Low: 3.7339).
Growth Streaks & Declines
TrendsBetween September and December, 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 0.2354 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2015: 3.7180) against the same month in 2014 (average: 4.2406), the exchange rate shifted by -0.5226 (-12.32%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 3.8425 | 3.6038 | 3.7180 |
| February | 3.6445 | 3.3722 | 3.4826 |
| March | 3.5773 | 3.4021 | 3.4831 |
| April | 3.5002 | 3.4534 | 3.4806 |
| May | 3.4986 | 3.4582 | 3.4742 |
| June | 3.6788 | 3.4603 | 3.5524 |
| July | 3.6655 | 3.5264 | 3.6301 |
| August | 3.7433 | 3.5641 | 3.6146 |
| September | 3.6728 | 3.5712 | 3.6001 |
| October | 3.7495 | 3.5862 | 3.6684 |
| November | 3.7544 | 3.7339 | 3.7426 |
| December | 3.7630 | 3.7383 | 3.7505 |