2016 BBD to NGN Historical Review

YEARLY HIGH

174.0000 NGN

YEARLY LOW

99.1178 NGN

YEARLY AVERAGE

128.6812 NGN

2016 BBD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BBD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 22, valuing the pair at 174.0000. Conversely, the yearly low was recorded on March 12, dropping to 99.1178.

This high-to-low spread represents a total annual volatility of 74.8822 NGN. From a start-to-finish perspective, comparing the January average rate of 99.5383 to the December average rate of 157.2178, the exchange rate registered a net change of 57.95% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 174.0000 was up 70.26% compared to the 2015 peak of 102.1967, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 870,000 NGN

2015 Average 494,703 NGN

Yearly Trough Low 495,589 NGN

Transaction Impact: A difference of 374,411.25 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

167.3833

93.3063

JanuMarcMayJulySeptNove

BBD 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 101.5994, compared to 155.7630 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 54.1636 points.

H1 Avg (Jan–Jun) 101.5994

H2 Avg (Jul–Dec) 155.7630

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 42.3055 NGN (High: 141.5602 / Low: 99.2547). On the other end, April was the most stable month, with a tight range of 0.1582 NGN (High: 99.6072 / Low: 99.4490).

June Spread (Volatile) ±42.3055

April Spread (Stable) ±0.1582

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 August and September, when the average rate fell by 4.7138 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -4.7138

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2016: 161.2103) against the same month in 2015 (average: 99.4925), the exchange rate shifted by +61.7178 (+62.03%).

2016 Avg (August) 161.2103

2015 Avg (August) 99.4925

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	99.8860	99.3973	99.5383
February	99.8880	99.2010	99.4816
March	99.6523	99.1178	99.4794
April	99.6072	99.4490	99.5240
May	99.6239	99.4217	99.5363
June	141.5602	99.2547	112.0367
July	159.9934	140.9676	146.2860
August	174.0000	155.9318	161.2103
September	157.5490	155.4124	156.4965
October	157.8561	154.4062	156.4771
November	157.9015	155.5440	156.8902
December	158.4248	152.0036	157.2178