YEARLY HIGH
0.3104 NGN
YEARLY LOW
0.1604 NGN
YEARLY AVERAGE
0.2228 NGN

2016 KRW to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the KRW to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 22, valuing the pair at 0.3104. Conversely, the yearly low was recorded on February 27, dropping to 0.1604.

This high-to-low spread represents a total annual volatility of 0.1499 NGN. From a start-to-finish perspective, comparing the January average rate of 0.1658 to the December average rate of 0.2659, the exchange rate registered a net change of 60.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.3104 was up 66.77% compared to the 2015 peak of 0.1861, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,551,883 NGN
2015 Average 874,987 NGN
Yearly Trough Low 802,175 NGN
Transaction Impact: A difference of 749,708.08 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.3028
0.1507
JanuMarcMayJulySeptNove

KRW 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 0.1720, compared to 0.2737 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1017 points.

H1 Avg (Jan–Jun) 0.1720
H2 Avg (Jul–Dec) 0.2737

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0794 NGN (High: 0.2462 / Low: 0.1668). On the other end, April was the most stable month, with a tight range of 0.0034 NGN (High: 0.1754 / Low: 0.1720).

June Spread (Volatile) ±0.0794
April Spread (Stable) ±0.0034

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 October and November, when the average rate fell by 0.0083 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0083

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2016: 0.2901) against the same month in 2015 (average: 0.1689), the exchange rate shifted by +0.1213 (+71.81%).

2016 Avg (August) 0.2901
2015 Avg (August) 0.1689

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1696 0.1638 0.1658
February 0.1661 0.1604 0.1634
March 0.1737 0.1615 0.1681
April 0.1754 0.1720 0.1735
May 0.1746 0.1668 0.1695
June 0.2462 0.1668 0.1918
July 0.2864 0.2429 0.2566
August 0.3104 0.2793 0.2901
September 0.2865 0.2780 0.2820
October 0.2847 0.2734 0.2779
November 0.2764 0.2646 0.2696
December 0.2715 0.2532 0.2659