YEARLY HIGH
92.1856 NGN
YEARLY LOW
49.9921 NGN
YEARLY AVERAGE
67.1462 NGN

2016 ILS to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ILS to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 22, valuing the pair at 92.1856. Conversely, the yearly low was recorded on January 23, dropping to 49.9921.

This high-to-low spread represents a total annual volatility of 42.1936 NGN. From a start-to-finish perspective, comparing the January average rate of 50.4291 to the December average rate of 82.1662, the exchange rate registered a net change of 62.93% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 92.1856 was up 73.85% compared to the 2015 peak of 53.0268, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 460,928 NGN
2015 Average 254,707 NGN
Yearly Trough Low 249,960 NGN
Transaction Impact: A difference of 210,967.81 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

88.3987
46.9773
JanuMarcMayJulySeptNove

ILS 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 52.6525, compared to 81.6399 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 28.9874 points.

H1 Avg (Jan–Jun) 52.6525
H2 Avg (Jul–Dec) 81.6399

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 22.5956 NGN (High: 73.9512 / Low: 51.3556). On the other end, April was the most stable month, with a tight range of 0.9351 NGN (High: 53.2389 / Low: 52.3038).

June Spread (Volatile) ±22.5956
April Spread (Stable) ±0.9351

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 1.8008 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.8008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2016: 84.9469) against the same month in 2015 (average: 51.8599), the exchange rate shifted by +33.0870 (+63.80%).

2016 Avg (August) 84.9469
2015 Avg (August) 51.8599

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 51.2260 49.9921 50.4291
February 51.3280 50.2316 50.9571
March 52.8748 50.8897 51.4892
April 53.2389 52.3038 52.7721
May 53.1885 51.2799 52.2152
June 73.9512 51.3556 58.0524
July 83.9067 72.6041 75.9132
August 92.1856 82.5040 84.9469
September 83.7829 82.5733 83.1461
October 83.5673 81.1735 81.9780
November 82.7386 80.5020 81.6890
December 82.9403 79.3923 82.1662