YEARLY HIGH
0.0056 USD
YEARLY LOW
0.0049 USD
YEARLY AVERAGE
0.0051 USD

2015 NGN to USD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the NGN to USD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 0.0056. Conversely, the yearly low was recorded on February 12, dropping to 0.0049.

This high-to-low spread represents a total annual volatility of 0.0007 USD. From a start-to-finish perspective, comparing the January average rate of 0.0054 to the December average rate of 0.0050, the exchange rate registered a net change of -6.53% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.0056 was down 11.76% compared to the 2014 peak of 0.0063, 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 5,558 USD
2014 Average 6,063 USD
Yearly Trough Low 4,893 USD
Transaction Impact: A difference of 665.67 USD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.0054
0.0050
JanuMarcMayJulySeptNove

NGN to USD 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 0.0051, compared to 0.0050 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0051
H2 Avg (Jul–Dec) 0.0050

Volatility Range Comparison

Volatility

The most volatile month in 2015 was February, with a trading range of 0.0004 USD (High: 0.0053 / Low: 0.0049). On the other end, October was the most stable month, with a tight range of 0.0000 USD (High: 0.0050 / Low: 0.0050).

February Spread (Volatile) ±0.0004
October Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between March and June, 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 0.0003 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2015: 0.0054) against the same month in 2014 (average: 0.0062), the exchange rate shifted by -0.0009 (-13.89%).

2015 Avg (January) 0.0054
2014 Avg (January) 0.0062

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0056 0.0052 0.0054
February 0.0053 0.0049 0.0050
March 0.0050 0.0049 0.0050
April 0.0050 0.0050 0.0050
May 0.0050 0.0050 0.0050
June 0.0050 0.0050 0.0050
July 0.0050 0.0050 0.0050
August 0.0050 0.0050 0.0050
September 0.0050 0.0050 0.0050
October 0.0050 0.0050 0.0050
November 0.0050 0.0050 0.0050
December 0.0051 0.0050 0.0050