2016 MRO to NGN Historical Review

YEARLY HIGH

0.9817 NGN

YEARLY LOW

0.5578 NGN

YEARLY AVERAGE

0.7312 NGN

2016 MRO to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MRO to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 22, valuing the pair at 0.9817. Conversely, the yearly low was recorded on June 6, dropping to 0.5578.

This high-to-low spread represents a total annual volatility of 0.4239 NGN. From a start-to-finish perspective, comparing the January average rate of 0.5958 to the December average rate of 0.8792, the exchange rate registered a net change of 47.57% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.9817 was up 39.85% compared to the 2015 peak of 0.7020, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,909 NGN

2015 Average 3,203 NGN

Yearly Trough Low 2,789 NGN

Transaction Impact: A difference of 2,119.72 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.9414

0.5319

JanuMarcMayJulySeptNove

MRO 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 0.5881, compared to 0.8743 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2862 points.

H1 Avg (Jan–Jun) 0.5881

H2 Avg (Jul–Dec) 0.8743

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.2371 NGN (High: 0.7949 / Low: 0.5578). On the other end, March was the most stable month, with a tight range of 0.0087 NGN (High: 0.5819 / Low: 0.5733).

June Spread (Volatile) ±0.2371

March Spread (Stable) ±0.0087

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 August and September, when the average rate fell by 0.0277 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0277

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2016: 0.9073) against the same month in 2015 (average: 0.6200), the exchange rate shifted by +0.2872 (+46.32%).

2016 Avg (August) 0.9073

2015 Avg (August) 0.6200

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6448	0.5776	0.5958
February	0.6042	0.5784	0.5821
March	0.5819	0.5733	0.5789
April	0.5818	0.5720	0.5759
May	0.5806	0.5589	0.5660
June	0.7949	0.5578	0.6298
July	0.9021	0.7929	0.8241
August	0.9817	0.8771	0.9073
September	0.8854	0.8742	0.8796
October	0.8836	0.8682	0.8778
November	0.8835	0.8716	0.8775
December	0.8857	0.8496	0.8792