2016 CDF to NGN Historical Review

YEARLY HIGH

0.3543 NGN

YEARLY LOW

0.2082 NGN

YEARLY AVERAGE

0.2649 NGN

2016 CDF to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the CDF to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 22, valuing the pair at 0.3543. Conversely, the yearly low was recorded on June 19, dropping to 0.2082.

This high-to-low spread represents a total annual volatility of 0.1461 NGN. From a start-to-finish perspective, comparing the January average rate of 0.2148 to the December average rate of 0.2703, the exchange rate registered a net change of 25.86% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.3543 was up 60.11% compared to the 2015 peak of 0.2213, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,771 NGN

2015 Average 1,068 NGN

Yearly Trough Low 1,041 NGN

Transaction Impact: A difference of 730.28 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.3417

0.2028

JanuMarcMayJulySeptNove

CDF 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 0.2185, compared to 0.3113 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0928 points.

H1 Avg (Jan–Jun) 0.2185

H2 Avg (Jul–Dec) 0.3113

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0902 NGN (High: 0.2984 / Low: 0.2082). On the other end, May was the most stable month, with a tight range of 0.0011 NGN (High: 0.2151 / Low: 0.2140).

June Spread (Volatile) ±0.0902

May Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0470 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0470

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2016: 0.3301) against the same month in 2015 (average: 0.2149), the exchange rate shifted by +0.1152 (+53.57%).

2016 Avg (August) 0.3301

2015 Avg (August) 0.2149

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2156	0.2142	0.2148
February	0.2153	0.2138	0.2143
March	0.2159	0.2135	0.2146
April	0.2153	0.2141	0.2145
May	0.2151	0.2140	0.2146
June	0.2984	0.2082	0.2381
July	0.3292	0.2975	0.3074
August	0.3543	0.3187	0.3301
September	0.3227	0.3178	0.3206
October	0.3277	0.3162	0.3222
November	0.3417	0.2746	0.3173
December	0.2781	0.2614	0.2703