2015 NGN to TOP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2015.
2015 NGN to TOP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2015
During 2015, the NGN to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 0.0115. Conversely, the yearly low was recorded on February 15, dropping to 0.0098.
This high-to-low spread represents a total annual volatility of 0.0016 TOP. From a start-to-finish perspective, comparing the January average rate of 0.0107 to the December average rate of 0.0113, the exchange rate registered a net change of 5.79% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2015 high of 0.0115 was down 5.21% compared to the 2014 peak of 0.0121, 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 TOP 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 0.0103, compared to 0.0111 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0008 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2015 was February, with a trading range of 0.0009 TOP (High: 0.0107 / Low: 0.0098). On the other end, April was the most stable month, with a tight range of 0.0000 TOP (High: 0.0102 / Low: 0.0102).
Growth Streaks & Declines
TrendsBetween March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0005 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2015: 0.0113) against the same month in 2014 (average: 0.0108), the exchange rate shifted by +0.0005 (+4.51%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 0.0110 | 0.0103 | 0.0107 |
| February | 0.0107 | 0.0098 | 0.0101 |
| March | 0.0103 | 0.0099 | 0.0101 |
| April | 0.0102 | 0.0102 | 0.0102 |
| May | 0.0102 | 0.0102 | 0.0102 |
| June | 0.0109 | 0.0103 | 0.0105 |
| July | 0.0112 | 0.0107 | 0.0109 |
| August | 0.0114 | 0.0111 | 0.0112 |
| September | 0.0114 | 0.0108 | 0.0111 |
| October | 0.0113 | 0.0111 | 0.0112 |
| November | 0.0113 | 0.0111 | 0.0112 |
| December | 0.0115 | 0.0112 | 0.0113 |