2016 JOD to NGN Historical Review

YEARLY HIGH

491.4185 NGN

YEARLY LOW

279.7163 NGN

YEARLY AVERAGE

363.3046 NGN

2016 JOD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the JOD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 22, valuing the pair at 491.4185. Conversely, the yearly low was recorded on March 12, dropping to 279.7163.

This high-to-low spread represents a total annual volatility of 211.7022 NGN. From a start-to-finish perspective, comparing the January average rate of 280.7181 to the December average rate of 444.4967, the exchange rate registered a net change of 58.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 491.4185 was up 70.58% compared to the 2015 peak of 288.0810, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,457,093 NGN

2015 Average 1,395,998 NGN

Yearly Trough Low 1,398,581 NGN

Transaction Impact: A difference of 1,058,511.17 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

472.5345

263.2802

JanuMarcMayJulySeptNove

JOD 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 286.7551, compared to 439.8540 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 153.0989 points.

H1 Avg (Jan–Jun) 286.7551

H2 Avg (Jul–Dec) 439.8540

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 119.3328 NGN (High: 399.5704 / Low: 280.2376). On the other end, April was the most stable month, with a tight range of 0.6174 NGN (High: 281.1712 / Low: 280.5538).

June Spread (Volatile) ±119.3328

April Spread (Stable) ±0.6174

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 13.3427 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -13.3427

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2016: 455.0966) against the same month in 2015 (average: 280.8651), the exchange rate shifted by +174.2315 (+62.03%).

2016 Avg (August) 455.0966

2015 Avg (August) 280.8651

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	281.5887	280.0555	280.7181
February	281.8423	280.0230	280.8030
March	281.2501	279.7163	280.8084
April	281.1712	280.5538	280.9070
May	281.2779	280.3237	280.9460
June	399.5704	280.2376	316.3485
July	451.9025	397.6755	413.0211
August	491.4185	440.4592	455.0966
September	444.7446	438.8904	441.7539
October	445.7965	436.0636	441.8188
November	445.9675	439.1219	442.9371
December	447.6143	431.8616	444.4967