YEARLY HIGH
0.7852 NGN
YEARLY LOW
0.4356 NGN
YEARLY AVERAGE
0.5794 NGN

2016 KMF to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the KMF to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 22, valuing the pair at 0.7852. Conversely, the yearly low was recorded on January 6, dropping to 0.4356.

This high-to-low spread represents a total annual volatility of 0.3496 NGN. From a start-to-finish perspective, comparing the January average rate of 0.4408 to the December average rate of 0.6743, the exchange rate registered a net change of 52.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.7852 was up 65.95% compared to the 2015 peak of 0.4731, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,926 NGN
2015 Average 2,231 NGN
Yearly Trough Low 2,178 NGN
Transaction Impact: A difference of 1,747.80 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.7553
0.4122
JanuMarcMayJulySeptNove

KMF 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 0.4623, compared to 0.6965 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2342 points.

H1 Avg (Jan–Jun) 0.4623
H2 Avg (Jul–Dec) 0.6965

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.2020 NGN (High: 0.6581 / Low: 0.4561). On the other end, April was the most stable month, with a tight range of 0.0065 NGN (High: 0.4607 / Low: 0.4543).

June Spread (Volatile) ±0.2020
April Spread (Stable) ±0.0065

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 November and December, when the average rate fell by 0.0169 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0169

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2016: 0.7267) against the same month in 2015 (average: 0.4483), the exchange rate shifted by +0.2784 (+62.11%).

2016 Avg (August) 0.7267
2015 Avg (August) 0.4483

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4489 0.4356 0.4408
February 0.4566 0.4399 0.4488
March 0.4554 0.4396 0.4497
April 0.4607 0.4543 0.4586
May 0.4648 0.4494 0.4592
June 0.6581 0.4561 0.5165
July 0.7269 0.6443 0.6684
August 0.7852 0.7032 0.7267
September 0.7180 0.7024 0.7123
October 0.7156 0.6981 0.7062
November 0.7092 0.6762 0.6912
December 0.6847 0.6565 0.6743