YEARLY HIGH
3.1977 NGN
YEARLY LOW
1.8010 NGN
YEARLY AVERAGE
2.3502 NGN

2016 DZD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the DZD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 22, valuing the pair at 3.1977. Conversely, the yearly low was recorded on March 12, dropping to 1.8010.

This high-to-low spread represents a total annual volatility of 1.3968 NGN. From a start-to-finish perspective, comparing the January average rate of 1.8539 to the December average rate of 2.8416, the exchange rate registered a net change of 53.28% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 3.1977 was up 47.23% compared to the 2015 peak of 2.1720, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 15,989 NGN
2015 Average 9,883 NGN
Yearly Trough Low 9,005 NGN
Transaction Impact: A difference of 6,983.82 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

3.0615
1.7005
JanuMarcMayJulySeptNove

DZD 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 1.8696, compared to 2.8309 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.9613 points.

H1 Avg (Jan–Jun) 1.8696
H2 Avg (Jul–Dec) 2.8309

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.7784 NGN (High: 2.5802 / Low: 1.8018). On the other end, January was the most stable month, with a tight range of 0.0122 NGN (High: 1.8600 / Low: 1.8478).

June Spread (Volatile) ±0.7784
January Spread (Stable) ±0.0122

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 0.0821 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0821

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2016: 2.9481) against the same month in 2015 (average: 1.9263), the exchange rate shifted by +1.0218 (+53.04%).

2016 Avg (August) 2.9481
2015 Avg (August) 1.9263

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.8600 1.8478 1.8539
February 1.8866 1.8317 1.8669
March 1.8335 1.8010 1.8167
April 1.8440 1.8188 1.8312
May 1.8309 1.8017 1.8139
June 2.5802 1.8018 2.0348
July 2.9033 2.5496 2.6490
August 3.1977 2.8492 2.9481
September 2.8924 2.8419 2.8659
October 2.8701 2.8130 2.8434
November 2.8644 2.8147 2.8374
December 2.8615 2.7700 2.8416