2015 NGN to ZMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2015.
2015 NGN to ZMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2015
During 2015, the NGN to ZMK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 29.1976. Conversely, the yearly low was recorded on February 12, dropping to 25.7008.
This high-to-low spread represents a total annual volatility of 3.4968 ZMK. From a start-to-finish perspective, comparing the January average rate of 28.2485 to the December average rate of 26.4052, 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 29.1976 was down 11.67% compared to the 2014 peak of 33.0568, 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 ZMK 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 26.7117, compared to 26.3952 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3165 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2015 was February, with a trading range of 2.0389 ZMK (High: 27.7397 / Low: 25.7008). On the other end, October was the most stable month, with a tight range of 0.0674 ZMK (High: 26.4100 / Low: 26.3425).
Growth Streaks & Declines
TrendsBetween 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 1.7482 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2015: 28.2485) against the same month in 2014 (average: 32.7934), the exchange rate shifted by -4.5449 (-13.86%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 29.1976 | 27.3965 | 28.2485 |
| February | 27.7397 | 25.7008 | 26.5003 |
| March | 26.4957 | 25.9236 | 26.3219 |
| April | 26.4411 | 26.3611 | 26.3969 |
| May | 26.4754 | 26.3349 | 26.3972 |
| June | 26.4836 | 26.3405 | 26.4052 |
| July | 26.4587 | 26.3643 | 26.4007 |
| August | 26.4410 | 26.3611 | 26.3972 |
| September | 26.4250 | 26.3401 | 26.3891 |
| October | 26.4100 | 26.3425 | 26.3816 |
| November | 26.4552 | 26.3518 | 26.3973 |
| December | 26.5838 | 26.3577 | 26.4052 |