2015 ZAR to NGN Historical Review

YEARLY HIGH

17.5778 NGN

YEARLY LOW

12.5068 NGN

YEARLY AVERAGE

15.5960 NGN

2015 ZAR to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the ZAR to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 26, valuing the pair at 17.5778. Conversely, the yearly low was recorded on December 11, dropping to 12.5068.

This high-to-low spread represents a total annual volatility of 5.0710 NGN. From a start-to-finish perspective, comparing the January average rate of 16.0900 to the December average rate of 13.2275, the exchange rate registered a net change of -17.79% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 17.5778 was up 5.86% compared to the 2014 peak of 16.6046, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 ZAR based on timing:

Yearly Peak High 878,890 NGN

2014 Average 761,435 NGN

Yearly Trough Low 625,339 NGN

Transaction Impact: A difference of 253,550.84 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

17.4994

12.8391

JanuMarcMayJulySeptNove

ZAR 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 16.5201, compared to 14.6720 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.8481 points.

H1 Avg (Jan–Jun) 16.5201

H2 Avg (Jul–Dec) 14.6720

Volatility Range Comparison

Volatility

The most volatile month in 2015 was March, with a trading range of 1.3655 NGN (High: 17.3740 / Low: 16.0084). On the other end, May was the most stable month, with a tight range of 0.5056 NGN (High: 16.8775 / Low: 16.3719).

March Spread (Volatile) ±1.3655

May Spread (Stable) ±0.5056

Growth Streaks & Declines

Trends

Between March and May, 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 August and September, when the average rate fell by 0.8519 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.8519

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2015: 17.1111) against the same month in 2014 (average: 14.9419), the exchange rate shifted by +2.1691 (+14.52%).

2015 Avg (February) 17.1111

2014 Avg (February) 14.9419

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	16.7373	15.4938	16.0900
February	17.5778	16.2599	17.1111
March	17.3740	16.0084	16.5268
April	16.9022	16.3041	16.5953
May	16.8775	16.3719	16.6294
June	16.4282	15.7822	16.1678
July	16.2493	15.6976	15.9804
August	15.7526	14.9613	15.4310
September	14.9513	14.1802	14.5791
October	15.2182	14.2962	14.7522
November	14.4639	13.7930	14.0617
December	13.8566	12.5068	13.2275