2016 AFN to NGN Historical Review

YEARLY HIGH

5.1710 NGN

YEARLY LOW

2.8571 NGN

YEARLY AVERAGE

3.8096 NGN

2016 AFN to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the AFN to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 22, valuing the pair at 5.1710. Conversely, the yearly low was recorded on June 15, dropping to 2.8571.

This high-to-low spread represents a total annual volatility of 2.3139 NGN. From a start-to-finish perspective, comparing the January average rate of 2.9025 to the December average rate of 4.7385, the exchange rate registered a net change of 63.26% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 5.1710 was up 44.89% compared to the 2015 peak of 3.5690, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 25,855 NGN

2015 Average 16,203 NGN

Yearly Trough Low 14,286 NGN

Transaction Impact: A difference of 11,569.39 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

4.9822

2.6991

JanuMarcMayJulySeptNove

AFN 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 2.9583, compared to 4.6610 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.7027 points.

H1 Avg (Jan–Jun) 2.9583

H2 Avg (Jul–Dec) 4.6610

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 1.2736 NGN (High: 4.1308 / Low: 2.8571). On the other end, April was the most stable month, with a tight range of 0.0158 NGN (High: 2.9142 / Low: 2.8984).

June Spread (Volatile) ±1.2736

April Spread (Stable) ±0.0158

Growth Streaks & Declines

Trends

Between May and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0974 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0974

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2016: 4.7920) against the same month in 2015 (average: 3.1531), the exchange rate shifted by +1.6389 (+51.98%).

2016 Avg (August) 4.7920

2015 Avg (August) 3.1531

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.9143	2.8934	2.9025
February	2.9126	2.8636	2.8893
March	2.9156	2.8948	2.9053
April	2.9142	2.8984	2.9081
May	2.9135	2.8893	2.9005
June	4.1308	2.8571	3.2441
July	4.6510	4.1098	4.2591
August	5.1710	4.6318	4.7920
September	4.7624	4.6322	4.6946
October	4.7849	4.6897	4.7514
November	4.7699	4.6793	4.7303
December	4.7832	4.6495	4.7385