2016 ALL to NGN Historical Review

YEARLY HIGH

2.8824 NGN

YEARLY LOW

1.5549 NGN

YEARLY AVERAGE

2.0739 NGN

2016 ALL to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ALL to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 22, valuing the pair at 2.8824. Conversely, the yearly low was recorded on January 13, dropping to 1.5549.

This high-to-low spread represents a total annual volatility of 1.3275 NGN. From a start-to-finish perspective, comparing the January average rate of 1.5664 to the December average rate of 2.4550, the exchange rate registered a net change of 56.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 2.8824 was up 73.70% compared to the 2015 peak of 1.6594, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14,412 NGN

2015 Average 7,860 NGN

Yearly Trough Low 7,775 NGN

Transaction Impact: A difference of 6,637.28 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

2.7523

1.4586

JanuMarcMayJulySeptNove

ALL 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 1.6405, compared to 2.5072 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8668 points.

H1 Avg (Jan–Jun) 1.6405

H2 Avg (Jul–Dec) 2.5072

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.7241 NGN (High: 2.3313 / Low: 1.6072). On the other end, January was the most stable month, with a tight range of 0.0268 NGN (High: 1.5817 / Low: 1.5549).

June Spread (Volatile) ±0.7241

January Spread (Stable) ±0.0268

Growth Streaks & Declines

Trends

Between January and April, 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 0.0876 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0876

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2016: 2.6445) against the same month in 2015 (average: 1.5864), the exchange rate shifted by +1.0581 (+66.70%).

2016 Avg (August) 2.6445

2015 Avg (August) 1.5864

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.5817	1.5549	1.5664
February	1.6195	1.5659	1.5957
March	1.6275	1.5695	1.6021
April	1.6419	1.6122	1.6276
May	1.6544	1.6044	1.6272
June	2.3313	1.6072	1.8237
July	2.6021	2.2792	2.3717
August	2.8824	2.5307	2.6445
September	2.5785	2.5295	2.5569
October	2.5703	2.5057	2.5252
November	2.5578	2.4443	2.4901
December	2.4931	2.3829	2.4550