YEARLY HIGH
1.1185 SYP
YEARLY LOW
0.9242 SYP
YEARLY AVERAGE
0.9840 SYP

2015 NGN to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the NGN to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 3, valuing the pair at 1.1185. Conversely, the yearly low was recorded on February 12, dropping to 0.9242.

This high-to-low spread represents a total annual volatility of 0.1943 SYP. From a start-to-finish perspective, comparing the January average rate of 0.9816 to the December average rate of 1.1090, the exchange rate registered a net change of 12.98% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 1.1185 was up 11.63% compared to the 2014 peak of 1.0020, 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 1,118,460 SYP
2014 Average 925,559 SYP
Yearly Trough Low 924,183 SYP
Transaction Impact: A difference of 194,276.68 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

1.1251
0.9322
JanuMarcMayJulySeptNove

NGN to SYP 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 0.9873, compared to 0.9808 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0065 points.

H1 Avg (Jan–Jun) 0.9873
H2 Avg (Jul–Dec) 0.9808

Volatility Range Comparison

Volatility

The most volatile month in 2015 was November, with a trading range of 0.1642 SYP (High: 1.1113 / Low: 0.9471). On the other end, October was the most stable month, with a tight range of 0.0020 SYP (High: 0.9491 / Low: 0.9472).

November Spread (Volatile) ±0.1642
October Spread (Stable) ±0.0020

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.1108 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1108

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2015: 1.1090) against the same month in 2014 (average: 0.9688), the exchange rate shifted by +0.1402 (+14.47%).

2015 Avg (December) 1.1090
2014 Avg (December) 0.9688

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0054 0.9572 0.9816
February 1.0153 0.9242 0.9617
March 1.0666 0.9325 1.0217
April 1.0934 0.9489 1.0601
May 0.9519 0.9472 0.9493
June 0.9519 0.9470 0.9493
July 0.9508 0.9477 0.9490
August 0.9505 0.9475 0.9489
September 0.9500 0.9467 0.9485
October 0.9491 0.9472 0.9482
November 1.1113 0.9471 0.9811
December 1.1185 1.1054 1.1090