2016 MVR to NGN Historical Review

YEARLY HIGH

22.9400 NGN

YEARLY LOW

12.9360 NGN

YEARLY AVERAGE

16.8653 NGN

2016 MVR to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MVR to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 22, valuing the pair at 22.9400. Conversely, the yearly low was recorded on February 3, dropping to 12.9360.

This high-to-low spread represents a total annual volatility of 10.0040 NGN. From a start-to-finish perspective, comparing the January average rate of 13.0055 to the December average rate of 20.5542, the exchange rate registered a net change of 58.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 22.9400 was up 71.07% compared to the 2015 peak of 13.4100, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 114,700 NGN

2015 Average 64,711 NGN

Yearly Trough Low 64,680 NGN

Transaction Impact: A difference of 50,020.18 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

22.0552

12.1828

JanuMarcMayJulySeptNove

MVR 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 13.2973, compared to 20.4333 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 7.1360 points.

H1 Avg (Jan–Jun) 13.2973

H2 Avg (Jul–Dec) 20.4333

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 5.7953 NGN (High: 18.7725 / Low: 12.9773). On the other end, May was the most stable month, with a tight range of 0.1010 NGN (High: 13.0683 / Low: 12.9673).

June Spread (Volatile) ±5.7953

May Spread (Stable) ±0.1010

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 0.7225 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.7225

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2016: 21.2325) against the same month in 2015 (average: 13.0032), the exchange rate shifted by +8.2293 (+63.29%).

2016 Avg (August) 21.2325

2015 Avg (August) 13.0032

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	13.0769	12.9653	13.0055
February	13.1345	12.9360	13.0065
March	13.1027	12.9692	13.0357
April	13.2235	12.9723	13.0484
May	13.0683	12.9673	13.0191
June	18.7725	12.9773	14.6688
July	21.0518	18.5128	19.2668
August	22.9400	20.4702	21.2325
September	20.6780	20.3464	20.5100
October	20.7432	20.2434	20.5012
November	20.6923	20.3741	20.5353
December	20.7817	19.8576	20.5542