2016 MGA to NGN Historical Review

YEARLY HIGH

0.1146 NGN

YEARLY LOW

0.0606 NGN

YEARLY AVERAGE

0.0812 NGN

2016 MGA to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MGA to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 22, valuing the pair at 0.1146. Conversely, the yearly low was recorded on June 14, dropping to 0.0606.

This high-to-low spread represents a total annual volatility of 0.0539 NGN. From a start-to-finish perspective, comparing the January average rate of 0.0620 to the December average rate of 0.0944, the exchange rate registered a net change of 52.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.1146 was up 55.54% compared to the 2015 peak of 0.0737, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 573 NGN

2015 Average 320 NGN

Yearly Trough Low 303 NGN

Transaction Impact: A difference of 269.65 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.1113

0.0575

JanuMarcMayJulySeptNove

MGA 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 0.0634, compared to 0.0991 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0357 points.

H1 Avg (Jan–Jun) 0.0634

H2 Avg (Jul–Dec) 0.0991

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0263 NGN (High: 0.0869 / Low: 0.0606). On the other end, January was the most stable month, with a tight range of 0.0005 NGN (High: 0.0623 / Low: 0.0618).

June Spread (Volatile) ±0.0263

January Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0041 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0041

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2016: 0.1068) against the same month in 2015 (average: 0.0601), the exchange rate shifted by +0.0467 (+77.77%).

2016 Avg (August) 0.1068

2015 Avg (August) 0.0601

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0623	0.0618	0.0620
February	0.0632	0.0620	0.0625
March	0.0626	0.0613	0.0621
April	0.0628	0.0623	0.0625
May	0.0634	0.0612	0.0626
June	0.0869	0.0606	0.0687
July	0.1089	0.0876	0.0952
August	0.1146	0.1027	0.1068
September	0.1039	0.1006	0.1026
October	0.1009	0.0974	0.0985
November	0.0990	0.0944	0.0968
December	0.0960	0.0907	0.0944