YEARLY HIGH
115.0074 NGN
YEARLY LOW
63.6891 NGN
YEARLY AVERAGE
83.2648 NGN

2016 LTL to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the LTL to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 22, valuing the pair at 115.0074. Conversely, the yearly low was recorded on January 6, dropping to 63.6891.

This high-to-low spread represents a total annual volatility of 51.3182 NGN. From a start-to-finish perspective, comparing the January average rate of 64.0041 to the December average rate of 96.0930, the exchange rate registered a net change of 50.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 115.0074 was up 67.34% compared to the 2015 peak of 68.7263, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 575,037 NGN
2015 Average 327,399 NGN
Yearly Trough Low 318,446 NGN
Transaction Impact: A difference of 256,591.15 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

109.7457
59.8458
JanuMarcMayJulySeptNove

LTL 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 66.4935, compared to 100.0360 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 33.5425 points.

H1 Avg (Jan–Jun) 66.4935
H2 Avg (Jul–Dec) 100.0360

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 28.5456 NGN (High: 93.6198 / Low: 65.0742). On the other end, April was the most stable month, with a tight range of 0.4832 NGN (High: 66.0361 / Low: 65.5529).

June Spread (Volatile) ±28.5456
April Spread (Stable) ±0.4832

Growth Streaks & Declines

Trends

Between January and April, 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 November and December, when the average rate fell by 2.9878 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -2.9878

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2016: 105.5874) against the same month in 2015 (average: 64.8835), the exchange rate shifted by +40.7039 (+62.73%).

2016 Avg (August) 105.5874
2015 Avg (August) 64.8835

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 64.4075 63.6891 64.0041
February 65.6904 63.9056 64.8567
March 65.8033 63.9368 64.9342
April 66.0361 65.5529 65.8193
May 66.2235 65.2996 65.7429
June 93.6198 65.0742 73.6041
July 104.1260 91.4022 94.8598
August 115.0074 102.4787 105.5874
September 103.8105 101.9774 102.9059
October 103.4347 100.7565 101.6892
November 102.0362 95.9280 99.0807
December 98.0755 92.8747 96.0930