YEARLY HIGH
0.0161 NGN
YEARLY LOW
0.0088 NGN
YEARLY AVERAGE
0.0116 NGN

2016 STD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the STD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 22, valuing the pair at 0.0161. Conversely, the yearly low was recorded on January 6, dropping to 0.0088.

This high-to-low spread represents a total annual volatility of 0.0073 NGN. From a start-to-finish perspective, comparing the January average rate of 0.0088 to the December average rate of 0.0135, the exchange rate registered a net change of 53.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0161 was up 69.40% compared to the 2015 peak of 0.0095, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 80 NGN
2015 Average 45 NGN
Yearly Trough Low 44 NGN
Transaction Impact: A difference of 36.49 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0153
0.0082
JanuMarcMayJulySeptNove

STD 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: JanтАУJun) was 0.0093, compared to 0.0140 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.0047 points.

H1 Avg (JanтАУJun) 0.0093
H2 Avg (JulтАУDec) 0.0140

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0044 NGN (High: 0.0135 / Low: 0.0091). On the other end, January was the most stable month, with a tight range of 0.0001 NGN (High: 0.0089 / Low: 0.0088).

June Spread (Volatile) ┬▒0.0044
January Spread (Stable) ┬▒0.0001

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 August and September, when the average rate fell by 0.0004 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2016: 0.0148) against the same month in 2015 (average: 0.0090), the exchange rate shifted by +0.0057 (+63.08%).

2016 Avg (August) 0.0148
2015 Avg (August) 0.0090

рдорд╛рд╕рд┐рдХ рд╡рд┐рд╢реНрд▓реЗрд╖рдг

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Month High Low Average
January 0.0089 0.0088 0.0088
February 0.0091 0.0088 0.0090
March 0.0092 0.0088 0.0090
April 0.0093 0.0092 0.0092
May 0.0094 0.0091 0.0092
June 0.0135 0.0091 0.0103
July 0.0145 0.0127 0.0132
August 0.0161 0.0142 0.0148
September 0.0145 0.0142 0.0143
October 0.0144 0.0139 0.0141
November 0.0143 0.0135 0.0138
December 0.0137 0.0130 0.0135