YEARLY HIGH
195.9129 NGN
YEARLY LOW
110.8142 NGN
YEARLY AVERAGE
144.4848 NGN

2016 ANG to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ANG to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 22, valuing the pair at 195.9129. Conversely, the yearly low was recorded on March 12, dropping to 110.8142.

This high-to-low spread represents a total annual volatility of 85.0987 NGN. From a start-to-finish perspective, comparing the January average rate of 111.2928 to the December average rate of 177.2685, the exchange rate registered a net change of 59.28% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 195.9129 was up 71.52% compared to the 2015 peak of 114.2195, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 979,564 NGN
2015 Average 553,262 NGN
Yearly Trough Low 554,071 NGN
Transaction Impact: A difference of 425,493.32 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

188.5438
104.2000
JanuMarcMayJulySeptNove

ANG 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 113.6005, compared to 175.3691 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 61.7686 points.

H1 Avg (Jan–Jun) 113.6005
H2 Avg (Jul–Dec) 175.3691

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 47.3446 NGN (High: 158.2784 / Low: 110.9337). On the other end, May was the most stable month, with a tight range of 0.2059 NGN (High: 111.3863 / Low: 111.1804).

June Spread (Volatile) ±47.3446
May Spread (Stable) ±0.2059

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 5.3061 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -5.3061

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2016: 181.5152) against the same month in 2015 (average: 111.2435), the exchange rate shifted by +70.2717 (+63.17%).

2016 Avg (August) 181.5152
2015 Avg (August) 111.2435

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 111.6825 111.1345 111.2928
February 111.6847 110.9212 111.2286
March 111.5915 110.8142 111.2472
April 111.6189 111.1977 111.3108
May 111.3863 111.1804 111.2896
June 158.2784 110.9337 125.2342
July 180.1423 158.0576 164.3875
August 195.9129 175.5816 181.5152
September 177.4001 174.9967 176.2090
October 177.7509 173.8368 176.1869
November 177.7895 175.1474 176.6476
December 178.4659 172.1827 177.2685