YEARLY HIGH
5.1858 NGN
YEARLY LOW
2.8947 NGN
YEARLY AVERAGE
3.8315 NGN

2016 BTN to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BTN to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 22, valuing the pair at 5.1858. Conversely, the yearly low was recorded on February 27, dropping to 2.8947.

This high-to-low spread represents a total annual volatility of 2.2911 NGN. From a start-to-finish perspective, comparing the January average rate of 2.9600 to the December average rate of 4.6393, the exchange rate registered a net change of 56.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 5.1858 was up 57.77% compared to the 2015 peak of 3.2869, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 25,929 NGN
2015 Average 15,436 NGN
Yearly Trough Low 14,473 NGN
Transaction Impact: A difference of 11,455.65 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

5.0076
2.7253
JanuMarcMayJulySeptNove

BTN 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 3.0242, compared to 4.6388 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.6146 points.

H1 Avg (Jan–Jun) 3.0242
H2 Avg (Jul–Dec) 4.6388

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 1.2462 NGN (High: 4.2018 / Low: 2.9556). On the other end, April was the most stable month, with a tight range of 0.0211 NGN (High: 3.0060 / Low: 2.9849).

June Spread (Volatile) ±1.2462
April Spread (Stable) ±0.0211

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 0.1300 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1300

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2016: 4.8174) against the same month in 2015 (average: 3.0602), the exchange rate shifted by +1.7572 (+57.42%).

2016 Avg (August) 4.8174
2015 Avg (August) 3.0602

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3.0106 2.9186 2.9600
February 2.9400 2.8947 2.9155
March 3.0028 2.9277 2.9721
April 3.0060 2.9849 2.9946
May 2.9988 2.9443 2.9751
June 4.2018 2.9556 3.3281
July 4.7770 4.1801 4.3539
August 5.1858 4.6520 4.8174
September 4.7327 4.6494 4.6874
October 4.7242 4.6358 4.6907
November 4.7170 4.5762 4.6438
December 4.6809 4.4948 4.6393