YEARLY HIGH
116.5540 STD
YEARLY LOW
105.4620 STD
YEARLY AVERAGE
111.5603 STD

2015 NGN to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the NGN to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 15, valuing the pair at 116.5540. Conversely, the yearly low was recorded on February 15, dropping to 105.4620.

This high-to-low spread represents a total annual volatility of 11.0920 STD. From a start-to-finish perspective, comparing the January average rate of 113.1163 to the December average rate of 112.9718, the exchange rate registered a net change of -0.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 116.5540 was down 2.06% compared to the 2014 peak of 119.0006, 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 116,554,025 STD
2014 Average 111,895,124 STD
Yearly Trough Low 105,461,999 STD
Transaction Impact: A difference of 11,092,026.07 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

115.3246
108.3866
JanuMarcMayJulySeptNove

NGN to STD 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 111.5889, compared to 111.5317 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0572 points.

H1 Avg (Jan–Jun) 111.5889
H2 Avg (Jul–Dec) 111.5317

Volatility Range Comparison

Volatility

The most volatile month in 2015 was February, with a trading range of 8.9877 STD (High: 114.4497 / Low: 105.4620). On the other end, September was the most stable month, with a tight range of 2.5994 STD (High: 110.5580 / Low: 107.9586).

February Spread (Volatile) ±8.9877
September Spread (Stable) ±2.5994

Growth Streaks & Declines

Trends

Between February and April, 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 January and February, when the average rate fell by 4.1515 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -4.1515

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2015: 113.4087) against the same month in 2014 (average: 107.6063), the exchange rate shifted by +5.8024 (+5.39%).

2015 Avg (March) 113.4087
2014 Avg (March) 107.6063

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 115.3271 110.3424 113.1163
February 114.4497 105.4620 108.9648
March 116.5540 107.9756 113.4087
April 116.3149 110.8566 113.9613
May 112.9755 108.0868 110.2498
June 112.4551 108.5360 109.8325
July 113.4069 110.3766 111.8035
August 112.9217 107.3443 110.5811
September 110.5580 107.9586 109.5376
October 112.3959 107.8437 109.5501
November 116.4674 112.0443 114.7464
December 116.1467 112.0054 112.9718