2016 HKD to NGN Historical Review

YEARLY HIGH

44.8830 NGN

YEARLY LOW

25.4418 NGN

YEARLY AVERAGE

33.1651 NGN

2016 HKD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the HKD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 22, valuing the pair at 44.8830. Conversely, the yearly low was recorded on January 21, dropping to 25.4418.

This high-to-low spread represents a total annual volatility of 19.4411 NGN. From a start-to-finish perspective, comparing the January average rate of 25.5889 to the December average rate of 40.5819, the exchange rate registered a net change of 58.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 44.8830 was up 70.28% compared to the 2015 peak of 26.3579, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 HKD based on timing:

Yearly Peak High 1,122,074 NGN

2015 Average 638,127 NGN

Yearly Trough Low 636,046 NGN

Transaction Impact: A difference of 486,028.56 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

43.1726

23.9620

JanuMarcMayJulySeptNove

HKD 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 26.1599, compared to 40.1703 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 14.0104 points.

H1 Avg (Jan–Jun) 26.1599

H2 Avg (Jul–Dec) 40.1703

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 10.9370 NGN (High: 36.4971 / Low: 25.5601). On the other end, April was the most stable month, with a tight range of 0.0404 NGN (High: 25.6808 / Low: 25.6404).

June Spread (Volatile) ±10.9370

April Spread (Stable) ±0.0404

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 1.2195 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.2195

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2016: 41.5717) against the same month in 2015 (average: 25.6659), the exchange rate shifted by +15.9058 (+61.97%).

2016 Avg (August) 41.5717

2015 Avg (August) 25.6659

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	25.7247	25.4418	25.5889
February	25.6977	25.4619	25.5628
March	25.6788	25.5464	25.6381
April	25.6808	25.6404	25.6623
May	25.6618	25.6159	25.6398
June	36.4971	25.5601	28.8674
July	41.2489	36.3381	37.7176
August	44.8830	40.2042	41.5717
September	40.6230	40.0788	40.3522
October	40.7091	39.8058	40.3438
November	40.7166	40.1118	40.4546
December	40.8574	39.4328	40.5819