2016 EUR to NGN Historical Review

YEARLY HIGH

393.9102 NGN

YEARLY LOW

214.1326 NGN

YEARLY AVERAGE

284.4017 NGN

2016 EUR to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the EUR to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 22, valuing the pair at 393.9102. Conversely, the yearly low was recorded on January 5, dropping to 214.1326.

This high-to-low spread represents a total annual volatility of 179.7777 NGN. From a start-to-finish perspective, comparing the January average rate of 216.3194 to the December average rate of 331.6953, the exchange rate registered a net change of 53.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 393.9102 was up 69.02% compared to the 2015 peak of 233.0551, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,969,551 NGN

2015 Average 1,097,905 NGN

Yearly Trough Low 1,070,663 NGN

Transaction Impact: A difference of 898,888.26 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

375.7588

201.8249

JanuMarcMayJulySeptNove

EUR 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 226.8845, compared to 341.9188 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 115.0344 points.

H1 Avg (Jan–Jun) 226.8845

H2 Avg (Jul–Dec) 341.9188

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 100.4926 NGN (High: 322.3490 / Low: 221.8564). On the other end, January was the most stable month, with a tight range of 3.5585 NGN (High: 217.6911 / Low: 214.1326).

June Spread (Volatile) ±100.4926

January Spread (Stable) ±3.5585

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 10.3928 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -10.3928

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2016: 361.2643) against the same month in 2015 (average: 221.6606), the exchange rate shifted by +139.6037 (+62.98%).

2016 Avg (August) 361.2643

2015 Avg (August) 221.6606

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	217.6911	214.1326	216.3194
February	225.1991	216.4922	220.9848
March	226.3999	216.2501	221.6925
April	227.9311	223.4876	225.7201
May	229.4730	221.1415	224.8359
June	322.3490	221.8564	251.7543
July	357.6270	311.6416	323.8509
August	393.9102	348.1009	361.2643
September	354.1422	347.1048	350.8715
October	352.1734	340.8743	345.3361
November	349.7518	330.9742	338.4951
December	339.0349	321.7804	331.6953