2016 BOB to NGN Historical Review

YEARLY HIGH

50.3651 NGN

YEARLY LOW

28.7546 NGN

YEARLY AVERAGE

37.2948 NGN

2016 BOB to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BOB to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 22, valuing the pair at 50.3651. Conversely, the yearly low was recorded on February 9, dropping to 28.7546.

This high-to-low spread represents a total annual volatility of 21.6105 NGN. From a start-to-finish perspective, comparing the January average rate of 28.8195 to the December average rate of 45.4904, the exchange rate registered a net change of 57.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 50.3651 was up 70.11% compared to the 2015 peak of 29.6071, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 251,826 NGN

2015 Average 143,286 NGN

Yearly Trough Low 143,773 NGN

Transaction Impact: A difference of 108,052.56 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

48.3850

27.0409

JanuMarcMayJulySeptNove

BOB 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 29.5205, compared to 45.0691 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 15.5486 points.

H1 Avg (Jan–Jun) 29.5205

H2 Avg (Jul–Dec) 45.0691

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 12.2121 NGN (High: 41.0608 / Low: 28.8487). On the other end, January was the most stable month, with a tight range of 0.0513 NGN (High: 28.8488 / Low: 28.7975).

June Spread (Volatile) ±12.2121

January Spread (Stable) ±0.0513

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 1.3551 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.3551

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2016: 46.6063) against the same month in 2015 (average: 28.8546), the exchange rate shifted by +17.7517 (+61.52%).

2016 Avg (August) 46.6063

2015 Avg (August) 28.8546

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	28.8488	28.7975	28.8195
February	29.0126	28.7546	28.8637
March	29.1775	28.9861	29.0982
April	29.1871	28.7686	28.9446
May	28.9125	28.7739	28.8642
June	41.0608	28.8487	32.5326
July	46.2626	40.8898	42.4399
August	50.3651	45.0859	46.6063
September	45.5004	44.9416	45.2512
October	45.6402	44.6094	45.2611
November	45.6687	44.9416	45.3656
December	45.8301	44.1052	45.4904