YEARLY HIGH
56.1317 NGN
YEARLY LOW
49.4194 NGN
YEARLY AVERAGE
54.3511 NGN

2015 QAR to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the QAR to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 12, valuing the pair at 56.1317. Conversely, the yearly low was recorded on January 8, dropping to 49.4194.

This high-to-low spread represents a total annual volatility of 6.7124 NGN. From a start-to-finish perspective, comparing the January average rate of 51.0864 to the December average rate of 54.6379, the exchange rate registered a net change of 6.95% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 56.1317 was up 10.34% compared to the 2014 peak of 50.8730, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 QAR based on timing:

Yearly Peak High 280,659 NGN
2014 Average 226,775 NGN
Yearly Trough Low 247,097 NGN
Transaction Impact: A difference of 33,561.80 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

55.1686
50.7153
JanuMarcMayJulySeptNove

QAR to NGN 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 54.0488, compared to 54.6535 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6047 points.

H1 Avg (Jan–Jun) 54.0488
H2 Avg (Jul–Dec) 54.6535

Volatility Range Comparison

Volatility

The most volatile month in 2015 was February, with a trading range of 4.1280 NGN (High: 56.1317 / Low: 52.0037). On the other end, April was the most stable month, with a tight range of 0.1235 NGN (High: 54.7260 / Low: 54.6025).

February Spread (Volatile) ±4.1280
April Spread (Stable) ±0.1235

Growth Streaks & Declines

Trends

Between June and October, 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 March and April, when the average rate fell by 0.1372 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.1372

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2015: 54.4634) against the same month in 2014 (average: 44.9999), the exchange rate shifted by +9.4635 (+21.03%).

2015 Avg (February) 54.4634
2014 Avg (February) 44.9999

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 52.6484 49.4194 51.0864
February 56.1317 52.0037 54.4634
March 55.6379 54.4306 54.7975
April 54.7260 54.6025 54.6603
May 54.7950 54.5117 54.6587
June 54.7092 54.4154 54.6264
July 54.7133 54.5224 54.6380
August 54.7148 54.5464 54.6427
September 54.7572 54.5924 54.6649
October 54.7683 54.6133 54.6840
November 54.7685 54.5179 54.6532
December 54.7158 54.2952 54.6379