2016 AOA to NGN Historical Review

YEARLY HIGH

2.1019 NGN

YEARLY LOW

1.1973 NGN

YEARLY AVERAGE

1.5760 NGN

2016 AOA to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the AOA to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 22, valuing the pair at 2.1019. Conversely, the yearly low was recorded on June 7, dropping to 1.1973.

This high-to-low spread represents a total annual volatility of 0.9045 NGN. From a start-to-finish perspective, comparing the January average rate of 1.3417 to the December average rate of 1.8999, the exchange rate registered a net change of 41.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 2.1019 was up 8.00% compared to the 2015 peak of 1.9462, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,509 NGN

2015 Average 8,342 NGN

Yearly Trough Low 5,987 NGN

Transaction Impact: A difference of 4,522.66 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

2.0218

1.1261

JanuMarcMayJulySeptNove

AOA 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 1.2705, compared to 1.8815 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6110 points.

H1 Avg (Jan–Jun) 1.2705

H2 Avg (Jul–Dec) 1.8815

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.5104 NGN (High: 1.7077 / Low: 1.1973). On the other end, May was the most stable month, with a tight range of 0.0021 NGN (High: 1.2018 / Low: 1.1997).

June Spread (Volatile) ±0.5104

May Spread (Stable) ±0.0021

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 January and February, when the average rate fell by 0.0771 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0771

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2016: 1.9472) against the same month in 2015 (average: 1.5811), the exchange rate shifted by +0.3661 (+23.15%).

2016 Avg (August) 1.9472

2015 Avg (August) 1.5811

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.4734	1.2783	1.3417
February	1.2799	1.2513	1.2646
March	1.2546	1.2389	1.2496
April	1.2401	1.1998	1.2147
May	1.2018	1.1997	1.2008
June	1.7077	1.1973	1.3517
July	1.9327	1.7014	1.7668
August	2.1019	1.8838	1.9472
September	1.9027	1.8775	1.8903
October	1.9069	1.8649	1.8900
November	1.9073	1.8784	1.8948
December	1.9108	1.8433	1.8999