YEARLY HIGH
52.3335 NGN
YEARLY LOW
30.1640 NGN
YEARLY AVERAGE
38.6329 NGN

2016 CNY to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the CNY to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 22, valuing the pair at 52.3335. Conversely, the yearly low was recorded on February 3, dropping to 30.1640.

This high-to-low spread represents a total annual volatility of 22.1695 NGN. From a start-to-finish perspective, comparing the January average rate of 30.3255 to the December average rate of 45.4681, the exchange rate registered a net change of 49.93% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 52.3335 was up 59.35% compared to the 2015 peak of 32.8412, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,308,337 NGN
2015 Average 788,832 NGN
Yearly Trough Low 754,100 NGN
Transaction Impact: A difference of 554,237.09 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

50.3046
28.5092
JanuMarcMayJulySeptNove

CNY 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 31.0868, compared to 46.1790 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 15.0923 points.

H1 Avg (Jan–Jun) 31.0868
H2 Avg (Jul–Dec) 46.1790

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 12.8483 NGN (High: 43.0241 / Low: 30.1758). On the other end, April was the most stable month, with a tight range of 0.1925 NGN (High: 30.8183 / Low: 30.6257).

June Spread (Volatile) ±12.8483
April Spread (Stable) ±0.1925

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 1.5850 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.5850

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2016: 48.4883) against the same month in 2015 (average: 31.4342), the exchange rate shifted by +17.0541 (+54.25%).

2016 Avg (August) 48.4883
2015 Avg (August) 31.4342

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 30.6847 30.2132 30.3255
February 30.5541 30.1640 30.3842
March 30.8285 30.3707 30.5927
April 30.8183 30.6257 30.7270
May 30.7444 30.2513 30.4888
June 43.0241 30.1758 34.0024
July 48.1959 42.1567 43.8295
August 52.3335 46.6941 48.4883
September 47.1514 46.5708 46.9033
October 47.0741 46.2182 46.5252
November 46.4518 45.3812 45.8597
December 45.8741 44.0331 45.4681