YEARLY HIGH
23.5045 SLL
YEARLY LOW
18.7764 SLL
YEARLY AVERAGE
20.9736 SLL

2015 NGN to SLL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the NGN to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 23.5045. Conversely, the yearly low was recorded on September 22, dropping to 18.7764.

This high-to-low spread represents a total annual volatility of 4.7281 SLL. From a start-to-finish perspective, comparing the January average rate of 22.6338 to the December average rate of 21.0889, the exchange rate registered a net change of -6.83% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 23.5045 was down 14.01% compared to the 2014 peak of 27.3334, 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 23,504,479 SLL
2014 Average 26,311,882 SLL
Yearly Trough Low 18,776,387 SLL
Transaction Impact: A difference of 4,728,092.09 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

23.0162
18.4273
JanuMarcMayJulySeptNove

NGN to SLL 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 21.9076, compared to 20.0396 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.8680 points.

H1 Avg (Jan–Jun) 21.9076
H2 Avg (Jul–Dec) 20.0396

Volatility Range Comparison

Volatility

The most volatile month in 2015 was November, with a trading range of 3.8299 SLL (High: 22.6450 / Low: 18.8150). On the other end, October was the most stable month, with a tight range of 0.0481 SLL (High: 18.8300 / Low: 18.7819).

November Spread (Volatile) ±3.8299
October Spread (Stable) ±0.0481

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2015. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 1.6253 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -1.6253

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2015: 22.6338) against the same month in 2014 (average: 27.0294), the exchange rate shifted by -4.3956 (-16.26%).

2015 Avg (January) 22.6338
2014 Avg (January) 27.0294

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 23.5045 21.7544 22.6338
February 22.7417 21.2009 21.9150
March 22.0124 21.6865 21.8992
April 22.0697 21.7466 21.9017
May 21.9785 21.6329 21.7445
June 22.0079 20.8237 21.3515
July 21.3120 19.8700 20.6150
August 19.8766 18.7952 18.9897
September 18.8438 18.7764 18.8144
October 18.8300 18.7819 18.8097
November 22.6450 18.8150 21.9196
December 21.5480 20.6758 21.0889