2015 VEF to NGN Historical Review

YEARLY HIGH

32.3776 NGN

YEARLY LOW

28.4653 NGN

YEARLY AVERAGE

31.3222 NGN

2015 VEF to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the VEF to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 12, valuing the pair at 32.3776. Conversely, the yearly low was recorded on January 10, dropping to 28.4653.

This high-to-low spread represents a total annual volatility of 3.9123 NGN. From a start-to-finish perspective, comparing the January average rate of 29.4501 to the December average rate of 31.4800, the exchange rate registered a net change of 6.89% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 32.3776 was up 10.45% compared to the 2014 peak of 29.3140, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 161,888 NGN

2014 Average 131,154 NGN

Yearly Trough Low 142,326 NGN

Transaction Impact: A difference of 19,561.52 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

31.8145

29.2352

JanuMarcMayJulySeptNove

VEF 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 31.1546, compared to 31.4898 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3352 points.

H1 Avg (Jan–Jun) 31.1546

H2 Avg (Jul–Dec) 31.4898

Volatility Range Comparison

Volatility

The most volatile month in 2015 was February, with a trading range of 2.3583 NGN (High: 32.3776 / Low: 30.0192). On the other end, October was the most stable month, with a tight range of 0.0894 NGN (High: 31.5625 / Low: 31.4731).

February Spread (Volatile) ±2.3583

October Spread (Stable) ±0.0894

Growth Streaks & Declines

Trends

Between 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 March and April, when the average rate fell by 0.1054 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1054

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2015: 31.4067) against the same month in 2014 (average: 26.0422), the exchange rate shifted by +5.3646 (+20.60%).

2015 Avg (February) 31.4067

2014 Avg (February) 26.0422

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	30.4417	28.4653	29.4501
February	32.3776	30.0192	31.4067
March	32.0897	31.4205	31.5995
April	31.5326	31.4422	31.4942
May	31.5822	31.4024	31.4943
June	31.5564	31.3927	31.4830
July	31.5238	31.4155	31.4833
August	31.5285	31.4281	31.4827
September	31.5629	31.4471	31.4993
October	31.5625	31.4731	31.5076
November	31.5274	31.4302	31.4860
December	31.5264	31.2641	31.4800