2015 NGN to SZL Historical Review

YEARLY HIGH

0.0795 SZL

YEARLY LOW

0.0569 SZL

YEARLY AVERAGE

0.0645 SZL

2015 NGN to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the NGN to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 12, valuing the pair at 0.0795. Conversely, the yearly low was recorded on February 26, dropping to 0.0569.

This high-to-low spread represents a total annual volatility of 0.0226 SZL. From a start-to-finish perspective, comparing the January average rate of 0.0622 to the December average rate of 0.0756, the exchange rate registered a net change of 21.56% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.0795 was up 14.82% compared to the 2014 peak of 0.0692, 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 79,486 SZL

2014 Average 65,724 SZL

Yearly Trough Low 56,897 SZL

Transaction Impact: A difference of 22,588.89 SZL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.0773

0.0568

JanuMarcMayJulySeptNove

NGN to SZL 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 0.0606, compared to 0.0684 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0078 points.

H1 Avg (Jan–Jun) 0.0606

H2 Avg (Jul–Dec) 0.0684

Volatility Range Comparison

Volatility

The most volatile month in 2015 was December, with a trading range of 0.0074 SZL (High: 0.0795 / Low: 0.0721). On the other end, May was the most stable month, with a tight range of 0.0018 SZL (High: 0.0611 / Low: 0.0593).

December Spread (Volatile) ±0.0074

May Spread (Stable) ±0.0018

Growth Streaks & Declines

Trends

Between May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0037 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0037

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2015: 0.0756) against the same month in 2014 (average: 0.0632), the exchange rate shifted by +0.0124 (+19.66%).

2015 Avg (December) 0.0756

2014 Avg (December) 0.0632

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0646	0.0597	0.0622
February	0.0615	0.0569	0.0585
March	0.0626	0.0575	0.0605
April	0.0613	0.0593	0.0603
May	0.0611	0.0593	0.0601
June	0.0633	0.0609	0.0619
July	0.0637	0.0615	0.0626
August	0.0668	0.0635	0.0648
September	0.0705	0.0669	0.0686
October	0.0700	0.0657	0.0678
November	0.0725	0.0691	0.0711
December	0.0795	0.0721	0.0756