2015 TRY to NGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2015.
2015 TRY to NGN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2015
During 2015, the TRY to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 15, valuing the pair at 83.1377. Conversely, the yearly low was recorded on September 14, dropping to 65.1608.
This high-to-low spread represents a total annual volatility of 17.9769 NGN. From a start-to-finish perspective, comparing the January average rate of 79.5741 to the December average rate of 68.1033, the exchange rate registered a net change of -14.42% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2015 high of 83.1377 was up 0.78% compared to the 2014 peak of 82.4903, indicating shifts in long-term support levels.
Comparing the value generated converting 50,000 TRY based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2015.
TRY 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 76.8459, compared to 69.1365 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 7.7094 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2015 was February, with a trading range of 5.6339 NGN (High: 83.1377 / Low: 77.5038). On the other end, December was the most stable month, with a tight range of 2.2340 NGN (High: 68.8717 / Low: 66.6377).
Growth Streaks & Declines
TrendsBetween September and November, 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 July and August, when the average rate fell by 3.9680 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2015: 80.4593) against the same month in 2014 (average: 74.1835), the exchange rate shifted by +6.2757 (+8.46%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 81.6619 | 77.1105 | 79.5741 |
| February | 83.1377 | 77.5038 | 80.4593 |
| March | 80.7939 | 75.6995 | 76.9636 |
| April | 77.4652 | 73.2513 | 75.0624 |
| May | 77.2313 | 73.3644 | 75.2435 |
| June | 74.8216 | 72.2752 | 73.7727 |
| July | 75.3999 | 71.6452 | 73.7900 |
| August | 71.8616 | 67.5952 | 69.8219 |
| September | 68.0270 | 65.1608 | 65.9245 |
| October | 69.1828 | 65.6926 | 68.0502 |
| November | 70.3921 | 68.0133 | 69.1293 |
| December | 68.8717 | 66.6377 | 68.1033 |