YEARLY HIGH
1.6920 NGN
YEARLY LOW
0.9609 NGN
YEARLY AVERAGE
1.2505 NGN

2016 GYD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the GYD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 22, valuing the pair at 1.6920. Conversely, the yearly low was recorded on February 29, dropping to 0.9609.

This high-to-low spread represents a total annual volatility of 0.7311 NGN. From a start-to-finish perspective, comparing the January average rate of 0.9656 to the December average rate of 1.5276, the exchange rate registered a net change of 58.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.6920 was up 70.71% compared to the 2015 peak of 0.9912, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8,460 NGN
2015 Average 4,797 NGN
Yearly Trough Low 4,805 NGN
Transaction Impact: A difference of 3,655.50 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.6275
0.9046
JanuMarcMayJulySeptNove

GYD 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 0.9857, compared to 1.5153 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5296 points.

H1 Avg (Jan–Jun) 0.9857
H2 Avg (Jul–Dec) 1.5153

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.4115 NGN (High: 1.3753 / Low: 0.9638). On the other end, April was the most stable month, with a tight range of 0.0042 NGN (High: 0.9680 / Low: 0.9638).

June Spread (Volatile) ±0.4115
April Spread (Stable) ±0.0042

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 0.0449 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0449

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2016: 1.5673) against the same month in 2015 (average: 0.9656), the exchange rate shifted by +0.6017 (+62.31%).

2016 Avg (August) 1.5673
2015 Avg (August) 0.9656

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9679 0.9621 0.9656
February 0.9674 0.9609 0.9649
March 0.9674 0.9620 0.9648
April 0.9680 0.9638 0.9659
May 0.9682 0.9638 0.9655
June 1.3753 0.9638 1.0873
July 1.5572 1.3711 1.4241
August 1.6920 1.5164 1.5673
September 1.5313 1.5138 1.5224
October 1.5342 1.5024 1.5233
November 1.5387 1.5137 1.5269
December 1.5432 1.4712 1.5276