2016 BND to NGN Historical Review

YEARLY HIGH

257.9712 NGN

YEARLY LOW

138.1707 NGN

YEARLY AVERAGE

186.5409 NGN

2016 BND to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BND to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 22, valuing the pair at 257.9712. Conversely, the yearly low was recorded on January 16, dropping to 138.1707.

This high-to-low spread represents a total annual volatility of 119.8004 NGN. From a start-to-finish perspective, comparing the January average rate of 139.0839 to the December average rate of 219.2247, the exchange rate registered a net change of 57.62% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 257.9712 was up 70.99% compared to the 2015 peak of 150.8671, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,289,856 NGN

2015 Average 720,135 NGN

Yearly Trough Low 690,854 NGN

Transaction Impact: A difference of 599,002.20 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

249.3037

129.0639

JanuMarcMayJulySeptNove

BND 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 147.3594, compared to 225.7224 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 78.3630 points.

H1 Avg (Jan–Jun) 147.3594

H2 Avg (Jul–Dec) 225.7224

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 66.7703 NGN (High: 211.1383 / Low: 144.3680). On the other end, April was the most stable month, with a tight range of 1.8982 NGN (High: 148.3056 / Low: 146.4073).

June Spread (Volatile) ±66.7703

April Spread (Stable) ±1.8982

Growth Streaks & Declines

Trends

Between January and April, 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 8.9872 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -8.9872

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2016: 239.2837) against the same month in 2015 (average: 142.4583), the exchange rate shifted by +96.8254 (+67.97%).

2016 Avg (August) 239.2837

2015 Avg (August) 142.4583

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	140.6017	138.1707	139.0839
February	143.0230	139.3427	141.6866
March	147.2447	142.0516	145.0817
April	148.3056	146.4073	147.4504
May	148.2810	144.0484	145.3803
June	211.1383	144.3680	165.4733
July	237.4249	208.9604	216.7199
August	257.9712	228.9890	239.2837
September	232.6458	228.7256	230.2965
October	230.4618	224.7952	226.3634
November	228.7582	219.3489	222.4460
December	222.3236	211.6661	219.2247