2016 JMD to NGN Historical Review

YEARLY HIGH

2.7451 NGN

YEARLY LOW

1.5840 NGN

YEARLY AVERAGE

2.0489 NGN

2016 JMD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the JMD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 22, valuing the pair at 2.7451. Conversely, the yearly low was recorded on June 19, dropping to 1.5840.

This high-to-low spread represents a total annual volatility of 1.1610 NGN. From a start-to-finish perspective, comparing the January average rate of 1.6527 to the December average rate of 2.4426, the exchange rate registered a net change of 47.79% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 2.7451 was up 54.87% compared to the 2015 peak of 1.7725, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13,725 NGN

2015 Average 8,473 NGN

Yearly Trough Low 7,920 NGN

Transaction Impact: A difference of 5,805.15 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

2.6369

1.5163

JanuMarcMayJulySeptNove

JMD 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 1.6602, compared to 2.4376 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7775 points.

H1 Avg (Jan–Jun) 1.6602

H2 Avg (Jul–Dec) 2.4376

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.6673 NGN (High: 2.2513 / Low: 1.5840). On the other end, February was the most stable month, with a tight range of 0.0089 NGN (High: 1.6452 / Low: 1.6363).

June Spread (Volatile) ±0.6673

February Spread (Stable) ±0.0089

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 0.0865 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0865

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2016: 2.5435) against the same month in 2015 (average: 1.6999), the exchange rate shifted by +0.8436 (+49.63%).

2016 Avg (August) 2.5435

2015 Avg (August) 1.6999

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.6592	1.6433	1.6527
February	1.6452	1.6363	1.6414
March	1.6416	1.6325	1.6374
April	1.6379	1.6188	1.6319
May	1.6239	1.5948	1.6097
June	2.2513	1.5840	1.7878
July	2.5258	2.2271	2.3132
August	2.7451	2.4530	2.5435
September	2.4780	2.4380	2.4570
October	2.4641	2.4108	2.4399
November	2.4483	2.4053	2.4295
December	2.4667	2.3651	2.4426