2015 PGK to NGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2015.
2015 PGK to NGN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2015
During 2015, the PGK to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 12, valuing the pair at 77.9508. Conversely, the yearly low was recorded on December 31, dropping to 66.1184.
This high-to-low spread represents a total annual volatility of 11.8324 NGN. From a start-to-finish perspective, comparing the January average rate of 71.5323 to the December average rate of 66.6534, the exchange rate registered a net change of -6.82% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2015 high of 77.9508 was up 8.21% compared to the 2014 peak of 72.0356, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 PGK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2015.
PGK to NGN 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 73.8270, compared to 69.4941 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.3329 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2015 was February, with a trading range of 5.8825 NGN (High: 77.9508 / Low: 72.0683). On the other end, July was the most stable month, with a tight range of 0.8337 NGN (High: 72.7029 / Low: 71.8692).
Growth Streaks & Declines
TrendsBetween January and March, 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 September and October, when the average rate fell by 1.4895 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2015: 75.2753) against the same month in 2014 (average: 64.2173), the exchange rate shifted by +11.0579 (+17.22%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 73.4417 | 69.3079 | 71.5323 |
| February | 77.9508 | 72.0683 | 75.2753 |
| March | 76.4098 | 74.6847 | 75.2996 |
| April | 75.3942 | 73.7733 | 74.3208 |
| May | 74.2464 | 73.2323 | 73.6306 |
| June | 73.4406 | 72.1706 | 72.9036 |
| July | 72.7029 | 71.8692 | 72.1174 |
| August | 72.0766 | 70.7910 | 71.6832 |
| September | 70.9911 | 69.2876 | 70.2573 |
| October | 69.3182 | 68.0917 | 68.7679 |
| November | 68.1332 | 67.0231 | 67.4856 |
| December | 67.4326 | 66.1184 | 66.6534 |