YEARLY HIGH
0.0174 NGN
YEARLY LOW
0.0090 NGN
YEARLY AVERAGE
0.0128 NGN

2016 BYR to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BYR to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 22, valuing the pair at 0.0174. Conversely, the yearly low was recorded on February 11, dropping to 0.0090.

This high-to-low spread represents a total annual volatility of 0.0083 NGN. From a start-to-finish perspective, comparing the January average rate of 0.0101 to the December average rate of 0.0157, the exchange rate registered a net change of 56.39% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0174 was up 3.58% compared to the 2015 peak of 0.0168, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 87 NGN
2015 Average 63 NGN
Yearly Trough Low 45 NGN
Transaction Impact: A difference of 41.74 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0168
0.0085
JanuMarcMayJulySeptNove

BYR 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 0.0101, compared to 0.0156 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0055 points.

H1 Avg (Jan–Jun) 0.0101
H2 Avg (Jul–Dec) 0.0156

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0044 NGN (High: 0.0143 / Low: 0.0099). On the other end, September was the most stable month, with a tight range of 0.0002 NGN (High: 0.0157 / Low: 0.0155).

June Spread (Volatile) ±0.0044
September Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between February and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0009 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2016: 0.0161) against the same month in 2015 (average: 0.0122), the exchange rate shifted by +0.0039 (+31.46%).

2016 Avg (August) 0.0161
2015 Avg (August) 0.0122

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0107 0.0094 0.0101
February 0.0094 0.0090 0.0092
March 0.0099 0.0093 0.0096
April 0.0103 0.0098 0.0100
May 0.0104 0.0101 0.0102
June 0.0143 0.0099 0.0112
July 0.0160 0.0140 0.0146
August 0.0174 0.0156 0.0161
September 0.0157 0.0155 0.0156
October 0.0158 0.0154 0.0156
November 0.0158 0.0155 0.0157
December 0.0158 0.0153 0.0157