YEARLY HIGH
94.7444 NGN
YEARLY LOW
53.9617 NGN
YEARLY AVERAGE
70.0790 NGN

2016 AED to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the AED to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 22, valuing the pair at 94.7444. Conversely, the yearly low was recorded on March 12, dropping to 53.9617.

This high-to-low spread represents a total annual volatility of 40.7827 NGN. From a start-to-finish perspective, comparing the January average rate of 54.2019 to the December average rate of 85.7286, the exchange rate registered a net change of 58.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 94.7444 was up 70.26% compared to the 2015 peak of 55.6478, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 473,722 NGN
2015 Average 269,369 NGN
Yearly Trough Low 269,809 NGN
Transaction Impact: A difference of 203,913.29 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

91.1433
50.8071
JanuMarcMayJulySeptNove

AED 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 55.3224, compared to 84.8355 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 29.5131 points.

H1 Avg (Jan–Jun) 55.3224
H2 Avg (Jul–Dec) 84.8355

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 23.0376 NGN (High: 77.0826 / Low: 54.0450). On the other end, April was the most stable month, with a tight range of 0.0945 NGN (High: 54.2482 / Low: 54.1538).

June Spread (Volatile) ±23.0376
April Spread (Stable) ±0.0945

Growth Streaks & Declines

Trends

Between March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 2.5667 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -2.5667

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2016: 87.7820) against the same month in 2015 (average: 54.1747), the exchange rate shifted by +33.6073 (+62.04%).

2016 Avg (August) 87.7820
2015 Avg (August) 54.1747

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 54.3913 54.1213 54.2019
February 54.3907 54.0199 54.1685
March 54.2614 53.9617 54.1684
April 54.2482 54.1538 54.1927
May 54.2460 54.1446 54.1973
June 77.0826 54.0450 61.0055
July 87.1206 76.7586 79.6552
August 94.7444 84.9082 87.7820
September 85.7890 84.6263 85.2153
October 85.9595 84.0776 85.2052
November 85.9810 84.7026 85.4266
December 86.3174 83.2588 85.7286