YEARLY HIGH
213.7198 NGN
YEARLY LOW
119.3704 NGN
YEARLY AVERAGE
159.7129 NGN

2016 AZN to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the AZN to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 22, valuing the pair at 213.7198. Conversely, the yearly low was recorded on March 12, dropping to 119.3704.

This high-to-low spread represents a total annual volatility of 94.3494 NGN. From a start-to-finish perspective, comparing the January average rate of 125.6936 to the December average rate of 177.6947, the exchange rate registered a net change of 41.37% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 213.7198 was down 18.09% compared to the 2015 peak of 260.9333, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,068,599 NGN
2015 Average 981,016 NGN
Yearly Trough Low 596,852 NGN
Transaction Impact: A difference of 471,746.97 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

206.0076
115.7480
JanuMarcMayJulySeptNove

AZN 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 130.9825, compared to 188.4432 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 57.4607 points.

H1 Avg (Jan–Jun) 130.9825
H2 Avg (Jul–Dec) 188.4432

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 53.7422 NGN (High: 184.3916 / Low: 130.6494). On the other end, May was the most stable month, with a tight range of 2.2607 NGN (High: 134.0103 / Low: 131.7496).

June Spread (Volatile) ±53.7422
May Spread (Stable) ±2.2607

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 October and November, when the average rate fell by 9.4772 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -9.4772

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2016: 198.4859) against the same month in 2015 (average: 189.4451), the exchange rate shifted by +9.0408 (+4.77%).

2016 Avg (August) 198.4859
2015 Avg (August) 189.4451

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 127.6563 122.4721 125.6936
February 127.7023 123.0209 125.8475
March 128.6277 119.3704 123.2696
April 132.6165 130.1358 131.2395
May 134.0103 131.7496 132.6736
June 184.3916 130.6494 147.1714
July 200.4333 181.3411 186.6925
August 213.7198 188.4999 198.4859
September 192.2212 187.6650 190.4019
October 196.5750 189.7883 193.4307
November 189.2757 180.0675 183.9534
December 180.6218 169.7290 177.6947