2016 ARS to NGN Historical Review

YEARLY HIGH

23.4106 NGN

YEARLY LOW

12.6088 NGN

YEARLY AVERAGE

17.3570 NGN

2016 ARS to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ARS to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 22, valuing the pair at 23.4106. Conversely, the yearly low was recorded on February 29, dropping to 12.6088.

This high-to-low spread represents a total annual volatility of 10.8019 NGN. From a start-to-finish perspective, comparing the January average rate of 14.6861 to the December average rate of 19.8786, the exchange rate registered a net change of 35.36% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 23.4106 was down 0.67% compared to the 2015 peak of 23.5681, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 117,053 NGN

2015 Average 107,472 NGN

Yearly Trough Low 63,044 NGN

Transaction Impact: A difference of 54,009.41 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

22.5671

12.5183

JanuMarcMayJulySeptNove

ARS 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 14.2034, compared to 20.5107 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6.3073 points.

H1 Avg (Jan–Jun) 14.2034

H2 Avg (Jul–Dec) 20.5107

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 5.8739 NGN (High: 20.1237 / Low: 14.2499). On the other end, May was the most stable month, with a tight range of 0.3797 NGN (High: 14.3103 / Low: 13.9306).

June Spread (Volatile) ±5.8739

May Spread (Stable) ±0.3797

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 January and February, when the average rate fell by 1.2192 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -1.2192

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2016: 21.7297) against the same month in 2015 (average: 21.5228), the exchange rate shifted by +0.2069 (+0.96%).

2016 Avg (August) 21.7297

2015 Avg (August) 21.5228

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	15.3842	14.3093	14.6861
February	14.1433	12.6088	13.4668
March	13.7738	12.6555	13.3557
April	14.1743	13.4628	13.8318
May	14.3103	13.9306	14.0981
June	20.1237	14.2499	15.7815
July	21.3256	18.7630	19.6395
August	23.4106	20.8270	21.7297
September	21.0259	20.3059	20.7367
October	20.7928	20.3272	20.6147
November	20.9332	19.9072	20.4648
December	20.4754	19.2715	19.8786