2016 BIF to NGN Historical Review

YEARLY HIGH

0.2092 NGN

YEARLY LOW

0.1191 NGN

YEARLY AVERAGE

0.1583 NGN

2016 BIF to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BIF to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 22, valuing the pair at 0.2092. Conversely, the yearly low was recorded on June 20, dropping to 0.1191.

This high-to-low spread represents a total annual volatility of 0.0901 NGN. From a start-to-finish perspective, comparing the January average rate of 0.1275 to the December average rate of 0.1879, the exchange rate registered a net change of 47.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.2092 was up 60.47% compared to the 2015 peak of 0.1304, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,046 NGN

2015 Average 632 NGN

Yearly Trough Low 595 NGN

Transaction Impact: A difference of 450.69 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.2006

0.1208

JanuMarcMayJulySeptNove

BIF 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 0.1296, compared to 0.1870 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0574 points.

H1 Avg (Jan–Jun) 0.1296

H2 Avg (Jul–Dec) 0.1870

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0509 NGN (High: 0.1700 / Low: 0.1191). On the other end, May was the most stable month, with a tight range of 0.0015 NGN (High: 0.1285 / Low: 0.1270).

June Spread (Volatile) ±0.0509

May Spread (Stable) ±0.0015

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 0.0059 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0059

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2016: 0.1940) against the same month in 2015 (average: 0.1280), the exchange rate shifted by +0.0660 (+51.59%).

2016 Avg (August) 0.1940

2015 Avg (August) 0.1280

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1286	0.1266	0.1275
February	0.1285	0.1269	0.1275
March	0.1283	0.1267	0.1275
April	0.1289	0.1271	0.1281
May	0.1285	0.1270	0.1277
June	0.1700	0.1191	0.1391
July	0.1925	0.1693	0.1765
August	0.2092	0.1874	0.1940
September	0.1899	0.1867	0.1881
October	0.1892	0.1853	0.1877
November	0.1888	0.1863	0.1876
December	0.1899	0.1819	0.1879