YEARLY HIGH
108.6716 NGN
YEARLY LOW
48.0255 NGN
YEARLY AVERAGE
75.2343 NGN

2016 BRL to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BRL to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 22, valuing the pair at 108.6716. Conversely, the yearly low was recorded on January 21, dropping to 48.0255.

This high-to-low spread represents a total annual volatility of 60.6461 NGN. From a start-to-finish perspective, comparing the January average rate of 49.2505 to the December average rate of 93.8570, the exchange rate registered a net change of 90.57% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 108.6716 was up 45.98% compared to the 2015 peak of 74.4421, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 BRL based on timing:

Yearly Peak High 2,716,790 NGN
2015 Average 1,506,638 NGN
Yearly Trough Low 1,200,637 NGN
Transaction Impact: A difference of 1,516,152.82 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

105.6265
44.1254
JanuMarcMayJulySeptNove

BRL 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 55.2057, compared to 95.2629 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 40.0573 points.

H1 Avg (Jan–Jun) 55.2057
H2 Avg (Jul–Dec) 95.2629

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 32.2138 NGN (High: 87.4553 / Low: 55.2415). On the other end, February was the most stable month, with a tight range of 1.9854 NGN (High: 51.0699 / Low: 49.0845).

June Spread (Volatile) ±32.2138
February Spread (Stable) ±1.9854

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 4.3177 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -4.3177

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2016: 100.5014) against the same month in 2015 (average: 56.7578), the exchange rate shifted by +43.7436 (+77.07%).

2016 Avg (August) 100.5014
2015 Avg (August) 56.7578

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 50.4105 48.0255 49.2505
February 51.0699 49.0845 50.1210
March 55.3432 50.5221 53.9244
April 57.8131 54.0164 56.0525
May 57.8821 55.1057 56.2706
June 87.4553 55.2415 65.6150
July 98.2846 84.1462 89.3684
August 108.6716 96.5260 100.5014
September 97.2627 94.3541 96.1903
October 101.0426 95.6809 97.9890
November 98.7617 91.0500 93.6713
December 97.0358 89.1790 93.8570