YEARLY HIGH
170.4101 NGN
YEARLY LOW
91.2570 NGN
YEARLY AVERAGE
123.6874 NGN

2016 FJD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the FJD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 22, valuing the pair at 170.4101. Conversely, the yearly low was recorded on January 18, dropping to 91.2570.

This high-to-low spread represents a total annual volatility of 79.1531 NGN. From a start-to-finish perspective, comparing the January average rate of 92.4409 to the December average rate of 149.7019, the exchange rate registered a net change of 61.94% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 170.4101 was up 70.38% compared to the 2015 peak of 100.0195, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 852,050 NGN
2015 Average 473,686 NGN
Yearly Trough Low 456,285 NGN
Transaction Impact: A difference of 395,765.48 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

163.7317
85.9599
JanuMarcMayJulySeptNove

FJD 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 96.5683, compared to 150.8065 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 54.2382 points.

H1 Avg (Jan–Jun) 96.5683
H2 Avg (Jul–Dec) 150.8065

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 43.0500 NGN (High: 137.2406 / Low: 94.1906). On the other end, April was the most stable month, with a tight range of 1.9124 NGN (High: 97.3623 / Low: 95.4499).

June Spread (Volatile) ±43.0500
April Spread (Stable) ±1.9124

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 4.5389 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -4.5389

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2016: 157.2507) against the same month in 2015 (average: 93.2719), the exchange rate shifted by +63.9788 (+68.59%).

2016 Avg (August) 157.2507
2015 Avg (August) 93.2719

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 93.8654 91.2570 92.4409
February 94.1222 92.0215 93.2067
March 96.2917 93.3868 95.0001
April 97.3623 95.4499 96.2501
May 96.7781 93.7069 94.7299
June 137.2406 94.1906 107.7821
July 154.8186 135.8788 141.8166
August 170.4101 151.8089 157.2507
September 154.3848 151.6172 152.7118
October 154.0599 148.9198 152.0564
November 154.1747 149.4922 151.3014
December 152.1685 145.2528 149.7019