2016 IRR to NGN Historical Review

YEARLY HIGH

0.0116 NGN

YEARLY LOW

0.0065 NGN

YEARLY AVERAGE

0.0085 NGN

2016 IRR to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the IRR to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 22, valuing the pair at 0.0116. Conversely, the yearly low was recorded on June 7, dropping to 0.0065.

This high-to-low spread represents a total annual volatility of 0.0050 NGN. From a start-to-finish perspective, comparing the January average rate of 0.0066 to the December average rate of 0.0105, the exchange rate registered a net change of 57.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0116 was up 56.07% compared to the 2015 peak of 0.0074, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 58 NGN

2015 Average 34 NGN

Yearly Trough Low 33 NGN

Transaction Impact: A difference of 25.14 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0111

0.0062

JanuMarcMayJulySeptNove

IRR 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 0.0067, compared to 0.0104 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0036 points.

H1 Avg (Jan–Jun) 0.0067

H2 Avg (Jul–Dec) 0.0104

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0028 NGN (High: 0.0094 / Low: 0.0065). On the other end, April was the most stable month, with a tight range of 0.0000 NGN (High: 0.0066 / Low: 0.0066).

June Spread (Volatile) ±0.0028

April Spread (Stable) ±0.0000

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 0.0003 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2016: 0.0107) against the same month in 2015 (average: 0.0067), the exchange rate shifted by +0.0040 (+60.42%).

2016 Avg (August) 0.0107

2015 Avg (August) 0.0067

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0067	0.0066	0.0066
February	0.0066	0.0066	0.0066
March	0.0066	0.0066	0.0066
April	0.0066	0.0066	0.0066
May	0.0066	0.0066	0.0066
June	0.0094	0.0065	0.0074
July	0.0106	0.0093	0.0097
August	0.0116	0.0104	0.0107
September	0.0105	0.0103	0.0104
October	0.0105	0.0103	0.0104
November	0.0105	0.0103	0.0104
December	0.0105	0.0102	0.0105